(Appendix 14A) Kilduff Corporation's Balance Sheet and Income Statement Appear

question 10

Multiple Choice

(Appendix 14A) Kilduff Corporation's balance sheet and income statement appear below:
The company sold equipment for $19 that was originally purchased for $10 and that had accumulated depreciation of $5. The company paid a cash dividend of $44 and it did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in) financing activities for the year was:

• A) $(44)
• B) $(71)
• C) $2
• D) $(29)

---

Definitions:

Intellectual Disability

A developmental condition characterized by significant limitations in both intellectual functioning and adaptive behavior, originating before the age of 18.

Dyslexia

A learning disorder characterized by difficulties with accurate and/or fluent word recognition and by poor spelling abilities.

Socioeconomic Status

An indicator of the social and economic level of an individual or family when compared with others, taking into account factors like earnings, education, and type of work.

Intellectual Disability

A condition characterized by significant limitations in intellectual functioning and adaptive behavior, originating before the age of 18.