The following transactions occurred last year at Jogger 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 would be:
A) $424,000
B) $(138,000)
C) $(1,000)
D) $7,000

Question

The following transactions occurred last year at Jogger 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 would be:
A) $424,000 
B) $(138,000) 
C) $(1,000) 
D) $7,000

Quizplus · Accepted Answer

The Answer of The following transactions occurred last year at Jogger 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 would be:
A) $424,000 
B) $(138,000) 
C) $(1,000) 
D) $7,000

The Following Transactions Occurred Last Year at Jogger Corporation