The company would report net cash provided by (used in)financing activities of:
A)$(5,000).
B)$4,000.
C)$10,000.
D)$12,000.

Name: The company would report net cash provided by (used in)financing activities of: A)$(5,000). B)$4,000. C)$10,000. D)$12,000.
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Question

The company would report net cash provided by (used in)financing activities of:
A)$(5,000). 
B)$4,000. 
C)$10,000. 
D)$12,000.

Quizplus · Accepted Answer

From the given code, we can see that the cash inflow from issuing common stock is $14,000 and the cash outflow from paying dividends is $10,000. Therefore, the net cash provided by financing activities would be $4,000 ($14,000 - $10,000 = $4,000).

The Company Would Report Net Cash Provided by (Used In)financing