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In Preparing a Company's Statement of Cash Flows for the Most

Question 158

Multiple Choice

In preparing a company's statement of cash flows for the most recent year, Ransom Corp. reported the following information: In preparing a company's statement of cash flows for the most recent year, Ransom Corp. reported the following information: Net cash flows from financing activities for the year were: A) $230,000 of net cash used. B) $230,000 of net cash provided. C) $108,000 of net cash used. D) $138,000 of net cash used. E) $138,000 of net cash provideD. Net cash flows from financing activities for the year were:


A) $230,000 of net cash used.
B) $230,000 of net cash provided.
C) $108,000 of net cash used.
D) $138,000 of net cash used.
E) $138,000 of net cash provideD. In preparing a company's statement of cash flows for the most recent year, Ransom Corp. reported the following information: Net cash flows from financing activities for the year were: A) $230,000 of net cash used. B) $230,000 of net cash provided. C) $108,000 of net cash used. D) $138,000 of net cash used. E) $138,000 of net cash provideD.

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