Business
Business, 01.11.2019 04:31, lewislatavia043

Metlock, inc. had the following transactions during 2017: 1. issued $225000 of par value common stock for cash. 2. recorded and paid wages expense of $108000. 3. acquired land by issuing common stock of par value $9. 4. declared and paid a cash dividend of $18000. 5. sold a long-term investment (cost $5400) for cash of $5400. 6. recorded cash sales of $72. 7. bought inventory for cash of $288000. 8. acquired an investment in zynga stock for cash of $37800. 9. converted bonds payable to common stock in the amount of $9. 10. repaid a 6-year note payable in the amount of $396000.what is the net cash provided by financing activities? a. $647800. b. $(172200). c. $992200. d. $188600.

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