Widget Corporation borrowed ($15,000,) issued common stock of ($10,000,) and paid dividends of ($25,000.) What was Widget

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Widget Corporation borrowed \($15,000,\) issued common stock of \($10,000,\) and paid dividends of \($25,000.\) What was Widget Corporation’s net cash provided or used by financing activities?

a. \($0\)

b. \($25,000\)

C. \($(25,000\)

d. \($50,000\)


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Financial Accounting

ISBN: 9780136060482

1st Edition

Authors: Jeffrey Waybright, Robert Kemp

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