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In Rooney Company, Treasury Shares increased $30,000 from a cash purchase, and Retained Earnings increased $120,000 as a result of net income of $186,000 and
In Rooney Company, Treasury Shares increased $30,000 from a cash purchase, and Retained Earnings increased $120,000 as a result of net income of $186,000 and cash dividends paid of $66,000. Net cash used by financing activities is:
$66,000.
$150,000.
$96,000.
$30,000. which 1
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