A Corporation Prepared Its Statement of Cash Flows for the Year.The

question 36

Multiple Choice

A corporation prepared its statement of cash flows for the year.The following information is taken from that statement:

What is the amount of net cash provided by (used in) financing activities?

• A) $15,400
• B) ($3,300)
• C) ($15,400)
• D) $3,300

---

Definitions:

Disposable Income

The economic provision for households' saving and spending activities post income tax calculations.

Saving

Income that is not expended on immediate consumption but rather reserved for investing or future purposes.

Disposable Income

Financial resources at the disposal of households for the aims of saving and spending after income tax engagements.

Saving

The portion of income not spent on consumption or taxes, typically put aside for future use or investment.