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The following data are available for Something Strange! Increase in accounts payable $40,000 Increase in bonds payable 100,000 Sale of investment 50,000 Issuance of common stock 60,000 Payment of cash dividends 30,000 Net cash provided by financing activities is $160,000. $130,000. $170,000. $90,000.

Respuesta :

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Answer:

Net cash provided by financing activities is $130,000

Explanation:

Increase in bonds Payable  =  $100000

Issuance of Common stock = $60000

Payment of cash dividends  = $30000

Therefore,

Net cash provided by financing activities = Increase in bonds Payable + Issuance of Common stock - Payment of cash dividends

= $100000 +$60000 -$30000

= $130,000

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