Question: Oklahoma Corp. uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2018: 1. Long-Term Notes Payable, beginning

 Oklahoma Corp. uses the indirect method to prepare its statement of
cash flows. Refer to the following information for 2018: 1. Long-Term Notes

Oklahoma Corp. uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2018: 1. Long-Term Notes Payable, beginning balance, $85,000 2. Long-Term Notes Payable, ending balance, $75,000 3. Common Stock, beginning balance, $3,000 4. Common Stock, ending balance, $28,000 5. Retained Eamings, beginning balance, $76,000 6. Retained Eamings, ending balanoe, $118,000 7. Treasury Stock, beginning balance, $5,500 8. Treasury Stock, ending balance, $10,100 9. No stock was retired 10. No treasurv stock was sold. O A. $3,400 B. ($10,000) O C. $13,400 O D. $20,400 6. Retained Eamings, ending balance, $118,000 7. Treasury Stock, beginning balance, $5,500 8. Treasury Stock, ending balance, $10,100 9. No stock was retired. 10. No treasury stock was sold. 11. During 2018, the company repaid $35,000 of long-term notes payable. 12. During 2018, the company borrowed $25,000 on new long-term notes payable 13. Net income for the year was $49,000. 14. Assume all dividends declared during the year were paid. What is the net cash provided by financing activities? O A. $3,400 B. ($10,000) O C. $13,400 O D. $20,400

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