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Kilduff Corporation's Balance Sheet and Income Statement Appear Below

Question 27

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) 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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