Use the Following Information for Questions 20-21

question 6

Multiple Choice

Use the following information for questions 20-21.
Casio adheres to ASPE. Casio Corp.'s transactions for the year ended December 31, 2020 included the following:
1. Purchased land for $ 275,000 cash.
2. Borrowed $ 275,000 from the bank on a long-term note.
3. Sold long-term investments for $ 250,000.
4. Accounts receivable decreased by $ 50,000.
5. Paid cash dividends of $ 300,000.
6. Issued 1,000 common shares for $ 125,000.
7. Purchased machinery and equipment for $ 62,500 cash.
8. Accounts payable increased by $ 100,000.
-The cash provided by (used in) financing activities for 2020 was

• A) $ 12,500.
• B) $ 100,000.
• C) $ (225,000).
• D) $ (250,000).

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Definitions:

One-Tailed Test

A directional test, reflecting a directional hypothesis.

Two-Tailed Test

A nondirectional test, reflecting a nondirectional hypothesis.

Null Hypothesis

A statement in statistics that there is no effect or no difference, serving as the starting point for hypothesis testing.

One-Tailed Hypothesis

A directional hypothesis that specifies an expected direction of the effect or relationship between variables.