The Warrel Corporation reported the following data for last year: Based solely on this information, the net cash provided by (used in) financing activities on the statement of cash flows would be:
A) $12,000
B) $34,000
C) $(12,000)
D) $(18,000)

Question

The Warrel Corporation reported the following data for last year:  Based solely on this information, the net cash provided by (used in) financing activities on the statement of cash flows would be:
A) $12,000 
B) $34,000 
C) $(12,000) 
D) $(18,000)

Quizplus · Accepted Answer

The Answer of The Warrel Corporation reported the following data for last year:  Based solely on this information, the net cash provided by (used in) financing activities on the statement of cash flows would be:
A) $12,000 
B) $34,000 
C) $(12,000) 
D) $(18,000)

The Warrel Corporation Reported the Following Data for Last Year