(Appendix 14A) The most recent balance sheet and income statement of Oldaker Corporation appear below:
The company paid a cash dividend of $42 and it did not dispose of any property, plant, and equipment. The company did not retire any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in)financing activities for the year was:
A) $(42)
B) $3
C) $11
D) $(28)

Question

(Appendix 14A) The most recent balance sheet and income statement of Oldaker Corporation appear below:
   The company paid a cash dividend of $42 and it did not dispose of any property, plant, and equipment. The company did not retire any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in)financing activities for the year was:
A) $(42) 
B) $3 
C) $11 
D) $(28)

Quizplus · Accepted Answer

11ea7761_15a9_e413_81a5_efb590e72a78_TB2580_00

(Appendix 14A) the Most Recent Balance Sheet and Income Statement