Hanemann Corporation's most recent balance sheet appears below:
The net income for the year was $103. Cash dividends were $23. The net cash provided by (used by) financing activities for the year was:
A) ($56)
B) ($38)
C) ($23)
D) $5

Question

Hanemann Corporation's most recent balance sheet appears below: 
The net income for the year was $103. Cash dividends were $23. The net cash provided by (used by) financing activities for the year was:
A) ($56) 
B) ($38) 
C) ($23) 
D) $5

Quizplus · Accepted Answer

The Answer of Hanemann Corporation's most recent balance sheet appears below: 
The net income for the year was $103. Cash dividends were $23. The net cash provided by (used by) financing activities for the year was:
A) ($56) 
B) ($38) 
C) ($23) 
D) $5

Hanemann Corporation's Most Recent Balance Sheet Appears Below