Klicker Corporation's most recent balance sheet appears below: The company's net income for the year was $152 and it did not issue any bonds or repurchase any of its common stock during the year. Cash dividends were $40. The net cash provided by (used in) financing activities for the year was:
A) ($49)
B) ($40)
C) $4
D) ($13)

Question

Klicker Corporation's most recent balance sheet appears below:  The company's net income for the year was $152 and it did not issue any bonds or repurchase any of its common stock during the year. Cash dividends were $40. The net cash provided by (used in) financing activities for the year was:
A) ($49) 
B) ($40) 
C) $4 
D) ($13)

Quizplus · Accepted Answer

The Answer of Klicker Corporation's most recent balance sheet appears below:  The company's net income for the year was $152 and it did not issue any bonds or repurchase any of its common stock during the year. Cash dividends were $40. The net cash provided by (used in) financing activities for the year was:
A) ($49) 
B) ($40) 
C) $4 
D) ($13)

Klicker Corporation's Most Recent Balance Sheet Appears Below: the Company's