Mccloe Corporation's balance sheet and income statement appear below: Cash dividends were $9.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)$5
B)$(22)
C)$(18)
D)$(9)

Question

Mccloe Corporation's balance sheet and income statement appear below:   Cash dividends were $9.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)$5 
B)$(22) 
C)$(18) 
D)$(9)

Quizplus · Accepted Answer

Financing activities:
 11eaa48f_7af6_e25a_9e4a_a53ecabdcc5f_TB2485_00

Mccloe Corporation's Balance Sheet and Income Statement Appear Below