Spade Company recorded the following events last year: On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above,the net cash provided by (used in)financing activities on the statement of cash flows would be:
A)$41,000
B)$(85,000)
C)$947,000
D)$(67,000)

Question

Spade Company recorded the following events last year:  On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above,the net cash provided by (used in)financing activities on the statement of cash flows would be:
A)$41,000 
B)$(85,000) 
C)$947,000 
D)$(67,000)

Quizplus · Accepted Answer

Financing activities:
 11eaa48f_7afb_4f47_9e4a_8b0ac32281fd_TB2485_00

Spade Company Recorded the Following Events Last Year: on the Statement