The Most Recent Balance Sheet and Income Statement of Marroquin

question 45

Multiple Choice

The most recent balance sheet and income statement of Marroquin Corporation appear below: The company paid a cash dividend and it did not dispose of any property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in) financing activities for the year was:

• A)$3
• B)$(65)
• C)$(24)
• D)$(44)

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Definitions:

Closed Primary

A type of primary election where only registered party members can vote to choose their party's candidates.

Open Primary

A primary election where voters are not required to declare party membership to vote for their preferred candidate for a public office.

Majority System

A voting system in which a candidate or proposition must receive more than half of the votes to win.

Electoral College Vote

A process used in the United States to elect the president and vice-president, where electors from each state vote based on the popular vote within their state.