Question: 45
(Choose 1 answer)
Trident Manufacturing Company's treasurer identified the following cash flows during this year as significant. The
company repaid existing debt of $425,110, while raising additional debt capital of $750,000. It also repurchased
stock in the open markets for a total of $63.250 and paid $233, 144 in dividends to its shareholders. What is the
net cash provided by (used in) financing activities?
A. $28,496
B. $91,746
C. -$28,496
D. -$91,746
