-Use the information above to answer the following question.The company would report net cash provided by (used in)financing activities of:
A) $(2,500).
B) $2,000.
C) $5,000.
D) $6,000.

Question

-Use the information above to answer the following question.The company would report net cash provided by (used in)financing activities of:
A) $(2,500). 
B) $2,000. 
C) $5,000. 
D) $6,000.

Quizplus · Accepted Answer

The correct answer is $2,000, which represents the net cash provided by financing activities. This is calculated by considering cash inflows and outflows related to financing activities such as issuing stock, borrowing, and repaying debt.

-Use the Information Above to Answer the Following Question