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In 2019,Chen Corporation Purchased Treasury Stock with a Cost of $49,000.During

Question 58

Multiple Choice

In 2019,Chen Corporation purchased treasury stock with a cost of $49,000.During the year,the company declared and paid dividends of $8000 and issued bonds payable for $1,100,000.Net cash provided by financing activities for 2019 is:


A) $1,043,000.
B) $1,051,000.
C) $1,092,000.
D) $1,100,000.

Correct Answer:

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