In preparing a company's statement of cash flows for the most recent year, the following information is available: Net cash flows from financing activities for the year were:
A)$304,000 of net cash used.
B)$82,000 of net cash provided.
C)$96,000 of net cash used.
D)$192,000 of net cash used.
E)$52,000 of net cash provideD.

Question

In preparing a company's statement of cash flows for the most recent year, the following information is available:  Net cash flows from financing activities for the year were:
A)$304,000 of net cash used. 
B)$82,000 of net cash provided. 
C)$96,000 of net cash used. 
D)$192,000 of net cash used. 
E)$52,000 of net cash provideD.

Quizplus · Accepted Answer

The Answer of In preparing a company's statement of cash flows for the most recent year, the following information is available:  Net cash flows from financing activities for the year were:
A)$304,000 of net cash used. 
B)$82,000 of net cash provided. 
C)$96,000 of net cash used. 
D)$192,000 of net cash used. 
E)$52,000 of net cash provideD.

In Preparing a Company's Statement of Cash Flows for the Most