During the Year,Next Tec Corp

question 115

Multiple Choice

During the year,Next Tec Corp.had the following cash flows: receipt from customers,$10,000;receipt from the bank for long-term borrowing,$6,000;payment to suppliers,$5,000;payment of dividends,$1,000,payment to workers,$2,000;and payment for machinery,$8,000.What amount would be reported for net financing cash flows on the Statement of Cash Flows?

• A)$5,000.
• B)$2,000.
• C)$6,000.

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