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Demagistris Corporation's Balance Sheet and Income Statement Appear Below

Question 61

Multiple Choice

Demagistris Corporation's balance sheet and income statement appear below: Demagistris Corporation's balance sheet and income statement appear below: Cash dividends were $22. The company sold equipment for $14 that was originally purchased for $6 and that had accumulated depreciation of $4. The net cash provided by (used by) financing activities for the year was: A) ($21) B) ($22) C) $5 D) ($38)
Demagistris Corporation's balance sheet and income statement appear below: Cash dividends were $22. The company sold equipment for $14 that was originally purchased for $6 and that had accumulated depreciation of $4. The net cash provided by (used by) financing activities for the year was: A) ($21) B) ($22) C) $5 D) ($38)
Cash dividends were $22. The company sold equipment for $14 that was originally purchased for $6 and that had accumulated depreciation of $4. The net cash provided by (used by) financing activities for the year was:


A) ($21)
B) ($22)
C) $5
D) ($38)

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