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The following financial information is available for Dewitt Company: 20X5 20X4 Cash and cash equivalents $ 27,000 $22,500 Accounts receivable 37,500 33,000 Buildings 162,000 67,500
The following financial information is available for Dewitt Company:
Net income for 20X5 was $40,000. No buildings were sold during 20X5. All building purchases made during 20X5 were made withcash. Note: The end-of-year data are in the LEFT column. What was the net cash provided by (used in) financing activities? |
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