Cash flows from financing activities(Net Cash provided by financing activities)?
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I am having trouble with my HW and hope someone help me to solve this prob. Cash flows from financing activities Redemption of Bonds 20,000 Issuance of common stock 70,000 Payments of dividends -25,000 Net Cash provide by financing activities ( ) The question is find net cash provide by financing activities. As far as I understand I think 20000 + 70000 - 25000 = 65000 should be the answer but it keep says wrong. Hope someone help this question As soon As possible!
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Answer:
Redemption of Bonds is a cash outflow
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