The amount to be shown on the cash flow statement as net cash provided by financing activities would total what amount?
A) $2,850,000.
B) $1,650,000.
C) $1,200,000.
D) $816,000.

Question

Quizplus · Accepted Answer

The correct amount for net cash provided by financing activities is $2,850,000. This would typically include cash inflows from issuing debt or equity and cash outflows from repaying debt, repurchasing shares, or paying dividends.

The Amount to Be Shown on the Cash Flow Statement