Wainwright corporation had the following activities1- sale, Ask an Expert

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Wainwright Corporation had the following activities:
1- Sale of land 180,000
2- Purchase of Inventory 845,000
3- purchase of treasury stock 72,000
4- purchase of equipment 415,000
5- issuance of common stock 320,000
6- purchase of available-for-sale securities 59,000
Compute the amount Wainwright should report as net cash flows provided (used) by financing activities in it's 2010 statement of cash flows.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9976694

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