During 2014, the cash flows related to Global Data, Inc.'s lending and borrowing activities are summarized as follows:
-On the basis of the above information alone and interest payment is classified as an operating activity, what is Global Data's net cash from financing activities?
A) $147,000 net cash used in financing activities.
B) $145,500 net cash used in financing activities.
C) $206,100 net cash used in financing activities.
D) $500,100 net cash used in financing activities.
Correct Answer:
Verified
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