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Question - Swifty Corporation provided the following information on selected transactions during 2018:
Purchase of land by issuing bonds $950000
Proceeds from issuing bonds 2990000
Purchases of inventory 3800000
Purchases of treasury stock 599000
Loans made to affiliated corporations 1450000
Dividends paid to preferred stockholders 402000
Proceeds from issuing preferred stock 1570000
Proceeds from sale of equipment 306000
Calculate the net cash provided by financing activities during 2018?
$4519000.
$3157000.
$4202000.
$3559000.
Prices and cost relationships are expected to be maintained over a range of 1,000 to 10,000 units. Calculate the break-even point in sales revenue
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