a-company-has-a-bond-payable-of-500000-and-decides-to-repay-100000-of-it-additio

Question

A company has a bond payable of $$500,000 and decides to repay 100$$,000 of it. Additionally, it pays $20,000 in cash dividends. What is the total cash outflow from financing activities?

Accepted Answer

$120,000

Answer

$100,000

Answer

$20,000

Answer

$520,000

A company has a bond payable of \$500,000 and decides to repay \$100,000 of it. Additionally, it pays \$20,000 in cash dividends. What is the total cash outflow from financing activities?