The Laurel Company reported the following data for last year: Based solely on this information,the net cash flows from financing activities on the statement of cash flows would be
A)$2,000.
B)$(30,000).
C)$(60,000).
D)$(8,000).

Question

The Laurel Company reported the following data for last year:  Based solely on this information,the net cash flows from financing activities on the statement of cash flows would be
A)$2,000. 
B)$(30,000). 
C)$(60,000). 
D)$(8,000).

Quizplus · Accepted Answer

The Answer of The Laurel Company reported the following data for last year:  Based solely on this information,the net cash flows from financing activities on the statement of cash flows would be
A)$2,000. 
B)$(30,000). 
C)$(60,000). 
D)$(8,000).

The Laurel Company Reported the Following Data for Last Year