Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activities of $2,000. If the beginning and ending cash balances for the company were $4,000 and $11,000, then net cash change from investing activities was:
A. an inflow or increase of $2,000.
B. an outflow or decrease of $1,000.
C. an inflow or increase of $1,000.
D. zero.
Answer: B
You might also like to view...
Deferrals are recorded transactions that delay the recognition of an expense or revenue
Indicate whether the statement is true or false
The peculiar ____ doctrine makes an employer liable for the acts of an independent contractor when the independent contractor has been engaged toperform a nondelegable duty
Fill in the blanks with correct word
A major contributor to the team worker role is to
A) screen new members for the group. B) spark the creativity of group members. C) build relationships within the group. D) challenge the thinking of the group.
Decisions concerning the role of each facility are significant because they determine the amount of flexibility the supply chain has in changing the way it meets demand
Indicate whether the statement is true or false.