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ttools ttools
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10 months ago

The following events occurred last year for the Cart Corporation:

Issuance of common stock$ 52,000
Dividends paid to shareholders$ 15,000
Sale of long-term investment$ 12,000
Interest paid to a lender$ 8,000
Proceeds from sale of used equipment$ 34,000
Repurchase of common stock$ 13,000

Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows was:



▸ $12,000

▸ $24,000

▸ $20,000

▸ $49,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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ricyoungricyoung
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10 months ago
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ttools Author
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10 months ago
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