The Accountant for Foster Institute,Inc

Multiple Choice

The accountant for Foster Institute,Inc. ,determined the cash flow for several transactions to be as follows: On the basis of the above transactions alone,determine the net cash flow from financing activities.

A) $275,000 net cash used for financing activities.
B) $440,000 net cash provided by financing activities.
C) Zero: cash inflows equal cash outflows from financing activities.
D) $285,000 net cash provided by financing activities.