Figure 15-2. Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:
Refer to Figure 15-2.The net cash flows from financing activities to be reported in a statement of cash flows is
A) $10,000
B) $(10,000)
C) $23,000
D) $(23,000)
Correct Answer:
Verified
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