Spackel Corporation 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)($8,000)
B)($14,000)
C)$104,000
D)$1,286,000

Question

Spackel Corporation 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)($8,000) 
B)($14,000) 
C)$104,000 
D)$1,286,000

Quizplus · Accepted Answer

Financing activities:
 11eaa3fe_3175_1a9d_908b_6f480951732d_TB2461_00

Spackel Corporation Recorded the Following Events Last Year: on the Statement