Net cash flow from financing activities was:
A) $(28,000).
B) $(35,000).
C) $(13,000).
D) $(63,000).
E) $(61,000).

Name: Net cash flow from financing activities was: A) $(28,000). B) $(35,000). C) $(13,000). D) $(63,000). E) $(61,000).
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Quizplus · Accepted Answer

The net change in long-term debt was $42,000 ($136,000-$94,000) and the payment of cash dividends was $19,000. Therefore, the net cash flow from financing activities was $(61,000) [($42,000)-($19,000)]

Net Cash Flow from Financing Activities Was