Kennel CoReported Short-Term Borrowings of $2,500,000,long-Term Borrowings of $6,800,000,repayments of Long-Term

question 8

Short Answer

Kennel Co.reported short-term borrowings of $2,500,000,long-term borrowings of $6,800,000,repayments of long-term borrowings of $3,500,000,interest payments of $780,000,repurchase of treasury shares of $500,000,cash dividends declared of $1,100,000,and cash dividend payments of $800,000.Kennel also issued their common stock in exchange for a building costing $400,000.How much is the net cash flow from financing activities?

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Definitions:

Apprenticeships

Training programs that combine on-the-job training with classroom instruction, typically in a trade or profession, under the guidance of skilled workers.

Unions

Organizations that represent the collective interests of workers in negotiations with employers about wages, working conditions, benefits, and other aspects of employment.

Company Performance

An assessment of a firm's operational efficiency, profitability, and financial health.

Wages

The fixed regular payment, typically calculated on an hourly or daily basis, paid by an employer to an employee for their labor.