Sonier Corporation's most recent balance sheet appears below: The net income for the year was $187. Cash dividends were $59. The company did not issue any bonds or repurchase any of its common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) $(119)
B) $(59)
C) $(64)
D) $4

Question

Sonier Corporation's most recent balance sheet appears below:  The net income for the year was $187. Cash dividends were $59. The company did not issue any bonds or repurchase any of its common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) $(119) 
B) $(59) 
C) $(64) 
D) $4

Quizplus · Accepted Answer

The Answer of Sonier Corporation's most recent balance sheet appears below:  The net income for the year was $187. Cash dividends were $59. The company did not issue any bonds or repurchase any of its common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) $(119) 
B) $(59) 
C) $(64) 
D) $4

Sonier Corporation's Most Recent Balance Sheet Appears Below: the Net