Answered

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Wal-Nut Company's transactions for the year ended December 31,20×1 included the following:,
• Purchased equipment, $760,000.
• Repaid note payable, $400,000.
• Reduced accounts receivable, $100,000.
• Increased accounts payable, $150,000.
• Sold available-for-sale securities, $600,000.
• Distributed stock dividends, $300,000.
• Sold land that had been purchased for future use, $450,000.
• Purchased treasury shares, $50,000.
• Issued bonds payable, $1,010,000.
• Issued mortgage payable in exchange for land and a building, $3,400,000.

What was Wal-Nut's net cash inflow or outflow from financing activities for 20×1 ?

Sagot :

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