The Laurel Company reported the following data for last year: Decrease in the Cash account $25,000 Net cash provided by operating activities 20,000 Net cash provided by investing activities 15,000 Based solely on this information, the net cash flows from financing activities on the statement of cash flows would be:
A) $2,000.
B) $(30,000).
C) $(60,000).
D) $(8,000).
C
You might also like to view...
The first step in the innovation process is ______.
A. implementation and diffusion B. idea generation C. problem-solving D. brainstorming
______ are the structures and activities—such as the family, education, economics, religious, and political systems—that provide stability to a society.
A. Groups B. Programs C Institutions D. Attitudes
Both benefits and services are forms of indirect compensation. Which of the following would be considered a benefit?
a. the company cafeteria b. a pension plan c. company-provided housing d. company-provided commuter transportation e. the company gymnasium
The _____ at John Lewis, Britain's largest department store chain, selects the merchandise for his or her department and is often responsible for its promotion and for managing the personnel in that department.
A. buyer B. purchasing agent C. retail broker D. merchandiser E. franchisee