A company took out $665,000 of new debt this year and repaid $1,000,000 of older...
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A company took out $665,000 of new debt this year and repaid $1,000,000 of older debt in the same year. The company also issued stock for $442,000 cash and paid dividends of $99,000 for the year. The companys financing cash flows appearing the statement of cash flows will show: A. Net cash used in financing activities of $434,000 B. Net cash used in financing activities of $335,000 C. Net cash provided by financing activities of $8,000 D. Net cash provided by financing activities of $107,000
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