Stansfield Corporation had the following activities in 2012. 1. Payment of accounts payable $796,100 2. Issuance of common stock $294,500 3. Payment of dividends $300,600 4. Collection of note receivable $104,200 5. Issuance of bonds payable $533,500 6. Purchase of treasury stock $47,100 Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2012 statement of cash flows.

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The brs corporation makes collections on sales according to the following schedule: 30% in month of sale 66% in month following sale 4% in second month following sale the following sales have been budgeted: sales april $ 130,000 may $ 150,000 june $ 140,000 budgeted cash collections in june would be:

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.