Threets Corporation's most recent comparative balance sheet appears below: The company's net income for the year was $109 and it paid a cash dividend. It did not dispose of any property, plant, and equipment during the year. The company did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in)financing activities for the year was:
A)$(37)
B)$5
C)$(15)
D)$(27)

Question

Threets Corporation's most recent comparative balance sheet appears below:  The company's net income for the year was $109 and it paid a cash dividend. It did not dispose of any property, plant, and equipment during the year. The company did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in)financing activities for the year was:
A)$(37) 
B)$5 
C)$(15) 
D)$(27)

Quizplus · Accepted Answer

Financing activities:
 11eaa48f_7afc_60be_9e4a_217cb307be48_TB2485_00

Threets Corporation's Most Recent Comparative Balance Sheet Appears Below