In Preparing a Company's Statement of Cash Flows for the Most

question 124

Multiple Choice

In preparing a company's statement of cash flows for the most recent year,Jeffers Corp.reported the following information:
Net cash flows from financing activities for the year were:

• A)$230,000 of net cash used.
• B)$230,000 of net cash provided.
• C)$108,000 of net cash used.
• D)$138,000 of net cash used.
• E)$138,000 of net cash provided.

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Definitions:

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