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Hardey Corporation's Balance Sheet and Income Statement Appear Below

Question 5

Multiple Choice

Hardey Corporation's balance sheet and income statement appear below: Hardey Corporation's balance sheet and income statement appear below:     Cash dividends were $8. The company sold equipment for $13 that was originally purchased for $8 and that had accumulated depreciation of $8. -The net cash provided by (used by)  financing activities for the year was: A)  $16 B)  $3 C)  $11 D)  ($8)  Hardey Corporation's balance sheet and income statement appear below:     Cash dividends were $8. The company sold equipment for $13 that was originally purchased for $8 and that had accumulated depreciation of $8. -The net cash provided by (used by)  financing activities for the year was: A)  $16 B)  $3 C)  $11 D)  ($8)  Cash dividends were $8. The company sold equipment for $13 that was originally purchased for $8 and that had accumulated depreciation of $8.
-The net cash provided by (used by) financing activities for the year was:


A) $16
B) $3
C) $11
D) ($8)

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