Wildhorse Mining Corporation reports the following information for 2026; Purchased 5,000 shares of their own stock 468000, Issuance of bonds 276000, Purchase of land for new office location 577000, On July 1, borrowed at 6% interest 670000. Wildhorse should report net cash provided or used by financing activities of; a 498100 b. 478000 c. 1414000 d 862000

Wildhorse Mining Corporation reports the following information for 2026; Purchased 5,000 shares of their own stock 468000, Issuance of bonds 276000, Purchase of land for new office location 577000, On July 1, borrowed at 6% interest 670000. Wildhorse should report net cash provided or used by financing activities of; a 498100 b. 478000 c. 1414000 d 862000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA2: Investments

Section: Chapter Questions

Problem 11MCQ

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