Barrow Company Recorded the Following Cash Transactions for the Year

question 94

Multiple Choice

Barrow Company recorded the following cash transactions for the year: Paid $115000 for salaries.
Paid $40000 to purchase office equipment.
Paid $9000 for utilities.
Sold investments for cash of $5000.
Paid $11000 in dividends.
Collected $295000 from customers.
Issued shares for cash of $120000.
What was Barrow's net cash provided (used) by financing activities?

• A)$60000
• B)$65000
• C)$69000
• D)$109000

---

Definitions:

Statistical Terms

Phrases and expressions used to describe, summarize, and analyze quantitative data.

Group Means

The average values obtained from groups of data points which are often used in statistical analysis to represent the central trend of each group.

Temperature

A measure of the warmth or coldness of an environment or substance, typically expressed in degrees Celsius (°C), Fahrenheit (°F), or Kelvin (K).

Ice Cream

A frozen dessert made from dairy products, such as milk and cream, often combined with flavors and sweeteners.