Spanner Company recorded the following events last year: On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above, the net cash provided by (used in) financing activities on the statement of cash flows would be:
A) $(26,000)
B) $(8,000)
C) $89,000
D) $935,000

Question

Spanner Company recorded the following events last year:  On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above, the net cash provided by (used in) financing activities on the statement of cash flows would be:
A) $(26,000) 
B) $(8,000) 
C) $89,000 
D) $935,000

Quizplus · Accepted Answer

Based on the information provided, there is no mention of any specific financing activities such as borrowing or issuing stock. Therefore, the net cash provided by or used in financing activities is unknown.

Spanner Company Recorded the Following Events Last Year: on the Statement