Business, 19.02.2020 01:04 emj617

APS Company issued 20,000 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $48,000 and issued long-term notes payable of $440,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows?
a. $1,195,000 net cash inflow.
b. $352,000 net cash inflow.
c. $705,000 net cash outflow.
d. $1,192,000 net cash inflow.

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APS Company issued 20,000 shares of $1 par common stock for $40 per share during 2022. The company p...

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