Round Rock Corp. borrowed ($ 35,000), issued common stock of ($ 10,000), and paid dividends of ($

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Round Rock Corp. borrowed \(\$ 35,000\), issued common stock of \(\$ 10,000\), and paid dividends of \(\$ 25,000\). What was Round Rock's net cash provided (used) by financing activities?

a. \(S 0\)

b. \(\$ 20,000\)

c. \(\$(25,000)\)

d. \(\$ 70,000\)

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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