The following events occurred last year for the Cart Corporation: Based solely on the above information, the net cash provided by (used in)financing activities for the year on the statement of cash flows was:
A)$12,000
B)$24,000
C)$20,000
D)$49,000

Question

The following events occurred last year for the Cart Corporation:  Based solely on the above information, the net cash provided by (used in)financing activities for the year on the statement of cash flows was:
A)$12,000 
B)$24,000 
C)$20,000 
D)$49,000

Quizplus · Accepted Answer

The information provided in the question does not give any indication of the net cash provided by (used in) financing activities. The alphanumeric string and the image provided do not give any relevant information regarding the company's financial activities. 11ea7998_5c14_3788_911b_7f23b1acc862_TB2627_00_TB2627_00

The Following Events Occurred Last Year for the Cart Corporation