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Kilduff Corporation's Balance Sheet and Income Statement Appear Below

Question 108

Multiple Choice

Kilduff Corporation's balance sheet and income statement appear below: Kilduff Corporation's balance sheet and income statement appear below:   The company sold equipment for $19 that was originally purchased for $10 and that had accumulated depreciation of $5. The company paid a cash dividend of $44 and it 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)  $(44)  B)  $(71)  C)  $2 D)  $(29) The company sold equipment for $19 that was originally purchased for $10 and that had accumulated depreciation of $5. The company paid a cash dividend of $44 and it 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) $(44)
B) $(71)
C) $2
D) $(29)

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