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Deal Co. had 100,000 common shares in issue at the start of 2011. during the year the company issued an additional 25,000 shares, which were given to managers as bonuses, and bought and retired 5,000 shares from existing shareholders for 25,000. the company paid a total of 50,000 in dividends in 2011 and also borrowed 100,000 as a long-term loan from a bank. find out the cash from financing activities for 2011

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M946484

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