The following events occurred last year for the Cart Corporation: Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows was:
A) $12,000
B) $24,000
C) $20,000
D) $49,000

Question

The following events occurred last year for the Cart Corporation:  Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows was:
A) $12,000 
B) $24,000 
C) $20,000 
D) $49,000

Quizplus · Accepted Answer

The Answer of The following events occurred last year for the Cart Corporation:  Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows was:
A) $12,000 
B) $24,000 
C) $20,000 
D) $49,000

The Following Events Occurred Last Year for the Cart Corporation