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Compute cash flows from financing activities for total

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Reference no: EM132530095

Question 1: Vision Company purchased treasury stock with a cost of $16,000 during 2017. During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $860,000. Cash flows from financing activities for 2017 total

Option A. $840,000 net cash inflow.

Option B. $856,000 net cash inflow.

Option C. $860,000 net cash outflow.

Option D. $824,000 net cash inflow.

Reference no: EM132530095

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