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20 October, 07:20

Carla Vista Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During the year Carla Vista had repaid existing debt of $313,400 and raised additional debt capital of $649,200. It also repurchased stock in the open market for a total of $44,170. What is the net cash provided by financing activities

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  1. 20 October, 07:43
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    net cash provided = $291630

    Explanation:

    given data

    Carla Vista had repaid existing debt = $313,400

    additional debt capital = $649,200

    open market for a total = $44,170

    solution

    we get here net cash provided that is

    net cash provided = additional debt capital - open market for a total - Carla Vista had repaid existing debt ... 1

    we put here value and we get

    net cash provided = $649,200 - $313,400 - $44,170

    net cash provided = $291630
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