Sonier Corporation's most recent balance sheet appears below: The net income for the year was $97. Cash dividends were $19. 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)($43)
B)($19)
C)($25)
D)$1

Question

Sonier Corporation's most recent balance sheet appears below:  The net income for the year was $97. Cash dividends were $19. 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)($43) 
B)($19) 
C)($25) 
D)$1

Quizplus · Accepted Answer

The Answer of Sonier Corporation's most recent balance sheet appears below:  The net income for the year was $97. Cash dividends were $19. 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)($43) 
B)($19) 
C)($25) 
D)$1

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