Sonier Corporation's most recent balance sheet appears below: The net income for the year was $97. Cash dividends were $19. The company did not issue any bonds or repurchase any of its common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) ($43)
B) ($19)
C) ($25)
D) $1

Question

Sonier Corporation's most recent balance sheet appears below:  The net income for the year was $97. Cash dividends were $19. The company did not issue any bonds or repurchase any of its common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) ($43) 
B) ($19) 
C) ($25) 
D) $1

Quizplus · Accepted Answer

The Answer of Sonier Corporation's most recent balance sheet appears below:  The net income for the year was $97. Cash dividends were $19. The company did not issue any bonds or repurchase any of its common stock during the year. The net cash provided by (used in) financing activities for the year was:
A) ($43) 
B) ($19) 
C) ($25) 
D) $1

Sonier Corporation's Most Recent Balance Sheet Appears Below: the Net