The balance sheets of Butler, Inc. and its 70 percent-owned subsidiary, Cassie Corp., are presented below:

Additional information for 2011:

Net cash flow from financing activities was:

A) $(129,000).
B) $(96,000).
C) $(300,000).
D) $(80,000).
E) $(126,000).

Question

The balance sheets of Butler, Inc. and its 70 percent-owned subsidiary, Cassie Corp., are presented below:
 
Additional information for 2011:

Net cash flow from financing activities was:

A) $(129,000). 
B) $(96,000). 
C) $(300,000). 
D) $(80,000). 
E) $(126,000).

Quizplus · Accepted Answer

The Answer of The balance sheets of Butler, Inc. and its 70 percent-owned subsidiary, Cassie Corp., are presented below:
 
Additional information for 2011:

Net cash flow from financing activities was:

A) $(129,000). 
B) $(96,000). 
C) $(300,000). 
D) $(80,000). 
E) $(126,000).

The Balance Sheets of Butler, Inc