Question: 14) P following information: 1) Repayments on Long-Term Notes Payable $58,000 2) New borrowing on Long-Term Notes Payable $19,000 erez Company is preparing its statement
14) P following information: 1) Repayments on Long-Term Notes Payable $58,000 2) New borrowing on Long-Term Notes Payable $19,000 erez Company is preparing its statement of cash flows using the indirect method. Refer to the hich of the following statements is accurate regarding the statement of cash flows? A) Net cash used for financing activities will amount to $(39,000). B) Net cash used for investing activities will amount to $58,000. C)Net cash provided by financing activities will amount to $39,000. D) Net cash provided by investing activities will amount to $39,000
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