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McCorey Corporation Recorded the Following Events Last Year

Question 42

Multiple Choice

McCorey Corporation recorded the following events last year:
McCorey Corporation 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)  $(70,000)  B)  $70,000 C)  $(130,000)  D)  $130,000 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) $(70,000)
B) $70,000
C) $(130,000)
D) $130,000

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