Rico's Taqueria had cash inflows from operating activities of $35,000; cash outflows from investing activities of $30,000, and cash outflows from financing activities of $20,000. Calculate the net increase or decrease in cash.
A. $50,000 decrease.
B. $45,000 increase.
C. $15,000 decrease.
D. $85,000 increase.
E. $15,000 increase.
Answer: C
You might also like to view...
The U.S. Constitution ________.
A. cannot be amended B. has only been amended by the Bill of Rights C. provides that it may be amended and was last amended with the Fourteenth Amendment D. allows for amendments, and currently there are twenty-seven amendments
While some businesses have been granted charters under state laws, most businesses receive their charters under federal laws
Indicate whether the statement is true or false
Effects of too much capacity include all of the following except?
a. High fixed costs b. Lower profits c. Higher sales totals d. Higher unit costs
Angelina is writing a report to her supervisor about implementing a new employee orientation process. Her supervisor is highly supportive of the idea and wants to learn the details quickly. What organizational style should Angelina use for her report?
A) Direct pattern B) Spiral pattern C) Indirect pattern D) Any of these choices