FCU Inc. had these cash transactions during 2021: Sales receipts $ 2,000,000 Inventory payments $...
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FCU Inc. had these cash transactions during 2021: Sales receipts $ 2,000,000 Inventory payments $ 1,500,000 Interest payments $ 20,000 Wage payments $ 120,000 Dividend receipts $ 10,000 Interest receipts $ 6,000 Equipment purchased $ 150,000 Stock of Canton Company purchased $ 50,000 Stock issued $ 300,000 Conversion of bonds into ordinary shares $ 100,000 Repaid a note (non-operating) $ 100,000 What was FCU's net cash provided by (used in) financing activities?
a. 200,000 b. 300,000 c. 100,000 d. 150,000
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