In preparing its cash flow statement for the year ended December 31, 2013, Green Co. gathered the following data: In its December 31, 2013, statement of cash flows, what amount should Green report as net cash from financing activities?
A)$40,000.
B)$54,000.
C)$60,000.
D)$74,000.

Question

In preparing its cash flow statement for the year ended December 31, 2013, Green Co. gathered the following data:  In its December 31, 2013, statement of cash flows, what amount should Green report as net cash from financing activities?
A)$40,000. 
B)$54,000. 
C)$60,000. 
D)$74,000.

Quizplus · Accepted Answer

The Answer of In preparing its cash flow statement for the year ended December 31, 2013, Green Co. gathered the following data:  In its December 31, 2013, statement of cash flows, what amount should Green report as net cash from financing activities?
A)$40,000. 
B)$54,000. 
C)$60,000. 
D)$74,000.

In Preparing Its Cash Flow Statement for the Year Ended