Question

Software Riverside Company issued long-term debt of 410 paid dividends of 20 and issued capital stock of 100. Cash flow from financing activities was:_____.a. 410.b. 420.c. 430.d. 440.

Answer 1

Answer:

Cash flow from from financing activities = $490

Explanation:

The cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest.  

Cash flow                                    $

issue of long term debt           410

Cash dividend paid                  (20)

Capital stock issued                  100

Net cash from financing activ.  490

Cash flow from from financing activities = $490