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Natural Lite, Inc

question 74

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Natural Lite, Inc. reported the following items during fiscal 2010. The firm purchased marketable securities of $87,500, paid down a long-term loan in the amount of $650,000, purchased $4,250,000 of new equipment. The firm also issued $6,250,000 of common stock, paid $350,225 in dividends to its common shareholders, and repurchased $1,250,000 of common stock in the open market. What is the net cash provided by financing activities?


Definitions:

ICD-10

The 10th revision of the International Classification of Diseases, a medical classification list by the World Health Organization that codes for diseases, signs, symptoms, and social circumstances.

E Code

A type of code in the ICD-9. E codes identify the external causes of injuries and poisoning.

Diagnosis

The identification of the nature and cause of a certain phenomenon, typically diseases, based on specific symptoms and tests.

DRGs

Diagnosis Related Groups; a system used to classify hospital cases into groups for the purposes of payment and analysis.

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