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Marbry Corporations balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance BalaULICIIL DELS. $ 42 49 62 153 470 262 $ 35 54 54 143 440 254 186 $329 208 $361 Cash and cash equivalents Accounts receivable IIncome Statement Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income Gain on sale oMultiple Choice $19) O $12 O $15 $(12) O

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Answer #1

Answer: The correct answer is -$12

Net Cash provided by (used in) financing activities = Issuance of Common Stock – Redemption of Bonds – Payment of Dividend
Net Cash Provided by (used in) Financing Activities = $12 - $15 - $9
Net Cash used in Financing Activities = -$12

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