Asked by
Oakley Weddle
on Nov 27, 2024Verified
The amount reported as net cash provided by financing activities is
A) $25,000.
B) $30,000.
C) $150,000.
D) $200,000.
Net Cash
Net cash typically represents the sum of cash and cash equivalents minus outstanding liabilities, indicating the liquid assets a company has on hand after accounting for its immediate obligations.
Financing Activities
Transactions involving long-term liabilities, shareholders' equity, and changes in short-term borrowings that a company undertakes to fund its operations and expansions.
Treasury Stock
Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.
- Identify and categorize cash flows into operating, investing, and financing activities.
- Understand the impact of stock transactions on the cash flow statement.
Verified Answer
NM
Learning Objectives
- Identify and categorize cash flows into operating, investing, and financing activities.
- Understand the impact of stock transactions on the cash flow statement.