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What is the net cash inflow from financing activities

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Reference no: EM132508406

Question 1: XYZ Co. provides the following information for the year 2016. Issue common stock for $28,000, sell factory machines for $3,000, pay cash dividends of $3,000, purchase common shares of Zillow Co. for $10,000, pay accounts payable of $4,000. What is the net cash inflow (outflow) from financing activities?

Reference no: EM132508406

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