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Net cash flow from financing activities

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Reference no: EM132203312

The following events occurred last year for the Bronze Company:

Purchase of treasury stock$50,000

Issuance of common stock90,000

Payment of dividends to common stockholders10,000

Sale of equipment17,000

Considering only the above transactions, the net cash flow from financing activities on the statement of cash flows was:

Reference no: EM132203312

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