For the year ended December 31, 2019, a corporation had cash flow from operating activities of $20,000, cash flow from investment activities of -$15,000, and cash flow from financing activities of -$10,000. The statement of cash flows would show a ________.
A) net increase of $5,000 in cash and marketable securities
B) net decrease of $5,000 in cash and marketable securities
C) net decrease of $15,000 in cash and marketable securities
D) net increase of $25,000 in cash and marketable securities
B) net decrease of $5,000 in cash and marketable securities
You might also like to view...
Repairs and maintenance Assume that an auditor determines that a client's policy related to recording repairs and maintenance is reasonable, but the auditor has concerns about whether the policy is adhered to. What might cause such concerns and how will the auditor adjust the substantive procedures to be performed?
If a penny is tossed three times and comes up heads all three times, the probability of heads on the fourth trial is
A. 0. B. 1/16. C. 1/2. D. larger than the probability of tails.
Sharon Wiley is a sales representative employed by a leading producer of pharmaceuticals used in veterinary medicine. Recently she attended a university-sponsored seminar that focused on new research findings in selected areas of veterinary medicine
Ms. Wiley is most likely attempting to develop a: A) relationship strategy B) customer strategy C) service strategy D) presentation strategy E) product strategy
Follow effective ____________________
a. proofreading strategies b. grammar rules c. style patterns d. document guidelines