Question: Using the indirect method to prepare the statement of cash Sows, Smith Company issued additional common stock for $40,000 cash and paid cash dividends of

Using the indirect method to prepare the statement of cash Sows, Smith Company issued additional common stock for $40,000 cash and paid cash dividends of $3,000. They also paid $25,000 cash to rebre a note payable. The net cash flows provided by / used for financing av OA $102,000) OB $62.000. OC $12.000 OD. $12,000) Using the indirect method to prepare the s provided by/used for financing activities is A. $(62,000). OB. $62,000. OC. $12,000. OD. $(12,000) Company issued additional common stock for $40,000 cash and paid cash dividends

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