Gayles Corporation's most recent balance sheet appears below: The net income for the year was $144.Cash dividends were $31.The company did not issue any bonds or repurchase any of its common stock during the year.The net cash provided by (used in)financing activities for the year was:
A)$(46)
B)$(31)
C)$1
D)$(76)

Question

Gayles Corporation's most recent balance sheet appears below:  The net income for the year was $144.Cash dividends were $31.The company did not issue any bonds or repurchase any of its common stock during the year.The net cash provided by (used in)financing activities for the year was:
A)$(46) 
B)$(31) 
C)$1 
D)$(76)

Quizplus · Accepted Answer

Financing activities:
 11eaa48f_7af9_c8a0_9e4a_d9c02146e863_TB2485_00

Gayles Corporation's Most Recent Balance Sheet Appears Below: the Net