Question: Mayberry's statement of cash flow is completed using the visual inspection method. Information regarding the Mayberry Company in 2020 appears below: $140,000 Net income
Mayberry's statement of cash flow is completed using the visual inspection method. Information regarding the Mayberry Company in 2020 appears below: $140,000 Net income 15,000 Decrease in inventory 30,000 Increase in accounts payable 80,000 Proceeds from issue of common stock 10,000 Depreciation expense What was Mayberry's net cash provided (used) by financing activities? Oa. ($80,000) used Ob. $70,000 provided Oc. $80,000 provided Od. ($70,000) used
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