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Use the Indirect Method of Preparing a Statement of Cash

Question 128

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Use the indirect method of preparing a statement of cash flows to answer the question.
Ending balances for Sunday Hut are listed below:
Use the indirect method of preparing a statement of cash flows to answer the question. Ending balances for Sunday Hut are listed below:    Net income for this year was $97,000 and dividends of $24,000 were declared and paid during this year. What was the net cash provided by financing activities? Net income for this year was $97,000 and dividends of $24,000 were declared and paid during this year.
What was the net cash provided by financing activities?

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