Cezar Corporation's comparative balance sheet appears below: The company did not dispose of any property,plant,and equipment during the year.Its net income for the year was $10,000 and its cash dividends were $4,000.The company did not retire any bonds payable or issue any common stock during the year.Its net cash provided by operating activities and net cash used in financing activities are:
A)net cash provided by operating activities,$35,000;net cash used in financing activities,$8,000
B)net cash provided by operating activities,$35,000;net cash used in financing activities,$4,000
C)net cash provided by operating activities,$39,000;net cash used in financing activities,$8,000
D)net cash provided by operating activities,$39,000;net cash used in financing activities,$4,000

Question

Cezar Corporation's comparative balance sheet appears below:  The company did not dispose of any property,plant,and equipment during the year.Its net income for the year was $10,000 and its cash dividends were $4,000.The company did not retire any bonds payable or issue any common stock during the year.Its net cash provided by operating activities and net cash used in financing activities are:
A)net cash provided by operating activities,$35,000;net cash used in financing activities,$8,000 
B)net cash provided by operating activities,$35,000;net cash used in financing activities,$4,000 
C)net cash provided by operating activities,$39,000;net cash used in financing activities,$8,000 
D)net cash provided by operating activities,$39,000;net cash used in financing activities,$4,000

Quizplus · Accepted Answer

Operating activities
 11eaa48f_7af7_7e9e_9e4a_53473db38c71_TB2485_00 Financing activities:
 11eaa48f_7af7_a5af_9e4a_6b45ca949d23_TB2485_00

Cezar Corporation's Comparative Balance Sheet Appears Below: the Company