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16 December, 18:43

Selected information from Jacklyn Hyde Corporation's accounting records and financial statements for 2021 is as follows ($ in millions) : Cash paid to retire notes $ 124 Common shares acquired for treasury 184 Proceeds from issuance of preferred stock 278 Proceeds from issuance of subordinated bonds 304 Cash dividends paid on preferred stock 92 Cash interest paid to bondholders 122 In its statement of cash flows, Jacklyn Hyde should report net cash inflows from financing activities of:

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  1. 16 December, 22:02
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    net cash flow from financing activities is - $34 million

    Explanation:

    Cash flow from financing activities (in millions):

    proceeds from issuance of preferred stocks $184

    proceeds from issuance of bonds $304

    notes retired ($124)

    interest paid to bondholders ($122)

    dividends paid ($92)

    treasury stocks ($184)

    Net cash flow from financing activities ($34)

    The cash flow from financing activities shows all the activities related to how the company is funded, including funding from shareholders or through debt.
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