DrMark Veterinary Services Recorded the Following Cash Transactions for the Year

question 165

Multiple Choice

Dr.Mark Veterinary Services recorded the following cash transactions for the year: Paid $154000 for salaries.
Paid $85000 to purchase equipment.
Paid $49000 for utilities supplies insurance and advertising.
Paid $36000 for rent.
Issued shares of stock for $60000
Paid $28000 in dividends.
Collected $650000 from customers.
Paid $3600 to purchase investments.
What was the company's net cash provided (used) by financing activities?

• A)$32000
• B)$60000
• C)$63600
• D)The amount cannot be determined from the information provided.

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