Help please!! Cash flows: Caustic Chemicals identified the following cash flows
ID: 2672445 • Letter: H
Question
Help please!!Cash flows: Caustic Chemicals identified the following cash flows as significant in its meeting with analysts. During the year, it had repaid existing debt of $294,511 and raised additional debt capital of $650,325. It also repurchased stock in the open market for a total of $32,927. What is the net cash provided by financing activities?
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(If an amount reduces net cash used in (or provided by) Financing activities show amount in parenthesis i.e.: (14,500). If a box should be blank enter a 0, all boxes must be filled to be correct. Do not use any decimal places in your answers.)
Financing Activities -------------------------------------------
Loan repayment $ ----------------------------------------------
Increase in long-term debt -------------------------------------
Purchase of treasury stock -------------------------------------
Net cash provided or used by financing activities $
Explanation / Answer
What is the net cash provided by financing activities? = 650325-294511-32927 = 322887 answer Financing Activities ------------------------------------------- Loan repayment $ 294511 Increase in long-term debt $650325 Purchase of treasury stock $32927 Happy to help
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