Marbry Corporation's balance sheet and income statement appear below: Cash dividends were $21. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) $4
B) ($22)
C) ($5)
D) ($21)

Question

Marbry Corporation's balance sheet and income statement appear below:  Cash dividends were $21. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) $4 
B) ($22) 
C) ($5) 
D) ($21)

Quizplus · Accepted Answer

The Answer of Marbry Corporation's balance sheet and income statement appear below:  Cash dividends were $21. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) $4 
B) ($22) 
C) ($5) 
D) ($21)

Marbry Corporation's Balance Sheet and Income Statement Appear Below