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What amount should be reported as net cash provided

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Reference no: EM132823404

In preparing its statement of cash flows for the year ended December 31, 20A, Razel company collected the following data:

Proceeds from sale of treasury shares (carrying amount, 390,000) 450,000
Dividend paid 228,000
Dividend declared 270,000
Purchase of AS bonds (par value 1,000,000) 1,080,000
Proceeds from sale of equipment 60,000
Dividends Received 108,000

Problem 1: What amount should be reported as net cash provided by financing activities?

Reference no: EM132823404

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