Page 1 of 1
The following details were obtained from the books of Tia Maria Ltd: • 50,000 ordinary shares @ $1.00 was issued at $1.2
Posted: Mon May 02, 2022 7:17 am
by answerhappygod
- The Following Details Were Obtained From The Books Of Tia Maria Ltd 50 000 Ordinary Shares 1 00 Was Issued At 1 2 1 (20.71 KiB) Viewed 31 times
The following details were obtained from the books of Tia Maria Ltd: • 50,000 ordinary shares @ $1.00 was issued at $1.25 each • Long term investments were purchased for $200,000 o $100,000 was repaid on the 5% debentures o Dividends of $40,000 were declared and paid during the year How much is to be shown as net cash flow from financing activities for the year? a $122.500 b. $162,500 Oc($277,500) d. ($77,500)