3. patnode's 2015 statement of cash flows contains four items in the financing section. three of them are short-term debt issued, $15,000; short-term debt paid, ($10,000); and dividends paid, ($1,000). what is the fourth item in the financing section? retained earnings, $4,600 common stock issued, $3,000 long-term debt paid, ($3,000) cash from financing, $3,000

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21-10-2022
Business

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3. patnode's 2015 statement of cash flows contains four items in the financing section. three of them are short-term debt issued, $15,000; short-term debt paid, ($10,000); and dividends paid, ($1,000). what is the fourth item in the financing section? retained earnings, $4,600 common stock issued, $3,000 long-term debt paid, ($3,000) cash from financing, $3,000

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Qwline Qwline · Answer 1 · 2022-10-31T13:15:07+01:00

2nd option seems to be the correct option. Common stock issued $3000 is the correct answer. Common stock is the fourth item under the financing section.

The ownership of equity in a firm is represented by common stock which is a category of securities. There are several words that are equivalent to the term common stock, such as common share, ordinary share, or voting share. Common stockholders are the owners of the right to participate in the election of the board of directors, vote on significant corporate decisions, and claim a portion of the company's profits.

The fourth item in the financing section is a common stock issued $3000. The remaining three items in the financing section retained are short-term debt issues $3000, short-term debt paid $10,000 and dividends paid $1000

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