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Consider the Following Code Snippet

question 104

Multiple Choice

Consider the following code snippet.
PrintWriter outputFile = new PrintWriter("payrollReport.txt") ;
Which of the following statements about the PrintWriter object is correct?


Definitions:

Financing Activities

Financing Activities involve transactions between a company and its investors or creditors that affect the equity and debt of the business, including issuing stock, paying dividends, and borrowing money.

Common Stock

equity securities that represent ownership in a corporation, providing voting rights and entitling the holder to a share of the company's success through dividends and/or capital appreciation.

Investing Activities

Transactions related to the acquisition or disposal of non-current assets, including securities, property, and equipment.

Net Cash Provided

The amount of cash generated by a company, typically from operating, investing, and financing activities, minus cash outflows.

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