Multiple Choice
Cezar Corporation's comparative balance sheet appears below:
The company did not dispose of any property,plant,and equipment during the year.Its net income for the year was $10,000 and its cash dividends were $4,000.The company did not retire any bonds payable or issue any common stock during the year.Its net cash provided by operating activities and net cash used in financing activities are:
A) net cash provided by operating activities,$35,000;net cash used in financing activities,$8,000
B) net cash provided by operating activities,$35,000;net cash used in financing activities,$4,000
C) net cash provided by operating activities,$39,000;net cash used in financing activities,$8,000
D) net cash provided by operating activities,$39,000;net cash used in financing activities,$4,000
Correct Answer:

Verified
Correct Answer:
Verified
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