In preparing a company's statement of cash flows for the most recent year,the following information is available:
-Net cash flows from financing activities for the year were:
A)$147,000 of net cash used.
B)$26,000 of net cash used.
C)$347,000 of net cash used.
D)$51,000 of net cash used.
E)$340,000 of net cash used.

Question

In preparing a company's statement of cash flows for the most recent year,the following information is available: 
-Net cash flows from financing activities for the year were:
A)$147,000 of net cash used. 
B)$26,000 of net cash used. 
C)$347,000 of net cash used. 
D)$51,000 of net cash used. 
E)$340,000 of net cash used.

Quizplus · Accepted Answer

The Answer of In preparing a company's statement of cash flows for the most recent year,the following information is available: 
-Net cash flows from financing activities for the year were:
A)$147,000 of net cash used. 
B)$26,000 of net cash used. 
C)$347,000 of net cash used. 
D)$51,000 of net cash used. 
E)$340,000 of net cash used.

In Preparing a Company's Statement of Cash Flows for the Most