Martinez corporation engaged in the following cash, Ask an Expert

Accounting

Martinez Corporation engaged in the following cash transactions during 2012.

Sale of land and building $186,710
Purchase of treasury stock 42,130
Purchase of land 39,130
Payment of cash dividend 88,940
Purchase of equipment 58,990
Issuance of common stock 154,560
- Retirement of bonds 102,600

Compute the net cash used by operating activities.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9969448

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