Exam

20

22

The following data were reported by a corporation Authorized shares Issued shares Treasury shares 21,000 16,000 3,500 The number of outstanding shares is: Multiple Choice 12,500 16,000 Bagrov Corporation had a net decrease in cash of $15,000 for the current year. Net cash used in investing activities was $57,000 and net cash used in financing activities was $43,000. What amount of cash was provided (used) in operating activities? Multiple Choice $(85,000) used. (15,000) used. $115,000 provided. $(15,000) used. $85,000 provided