Fluck Corporation's balance sheet and income statement appear below: The company sold equipment for $12 that was originally purchased for $5 and that had accumulated depreciation of $3. The company paid a cash dividend and it did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in)financing activities for the year was:
A)$3
B)$(4)
C)$(21)
D)$(22)

Question

Fluck Corporation's balance sheet and income statement appear below:    The company sold equipment for $12 that was originally purchased for $5 and that had accumulated depreciation of $3. The company paid a cash dividend and it did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in)financing activities for the year was:
A)$3 
B)$(4) 
C)$(21) 
D)$(22)

Quizplus · Accepted Answer

Financing activities:
 11eaa48f_7aed_ba66_9e4a_290a4582087f_TB2485_00

Fluck Corporation's Balance Sheet and Income Statement Appear Below