Multiple Choice
Trident Manufacturing Company's treasurer identified the following cash flows during this year as significant. The company repaid existing debt of $425,110, while raising additional debt capital of $750,000. It also repurchased stock in the open markets for a total of $63,250 and paid $233,144 in dividends to its shareholders. What is the net cash provided by (used in) financing activities?
A) $28,496
B) $91,746
C) -$28,496
D) -$91,746
Correct Answer:

Verified
Correct Answer:
Verified
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