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Marion Manufacturing had the following cash flows for the current year. The company uses the direct method in preparing the statement of cash flows, $

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Marion Manufacturing had the following cash flows for the current year. The company uses the direct method in preparing the statement of cash flows, $ 60.000 250,000 4,500 Cash receipts from suance of stock Bonds payable issued at face value Cash dividends received from long-term investments Cash paid for wages Cash paid for dividends Cash received from customers Cash paid for other operating expenses Cash paid to purchase equipment 20,000 5,000 42,500 19,500 100,000 What is the net cash flows provided by (used in) financing activities? Multiple Choice $310,000 $205,000 27 34 : Next >

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