Brighton, Inc. issued 25,000 shares of $10 par value common stock for $500,000, purchased 10,000 shares of treasury stock with a par value of $10 for $150,000, and paid $20,000 in cash dividends. Net cash flows from financing activities totaled

A. $0.
B. $330,000.
C. $180,000.
D. ($570,000).

Answer: B. $330,000.

Business

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