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A company's statement of cash flows shows the following information: Beginning cash balance $100,000 Ending cash balance$ 120,000 Cash outflows from operating activities ($50,000) Cash
A company's statement of cash flows shows the following information:
Beginning cash balance $100,000 Ending cash balance$ 120,000 Cash outflows from operating activities ($50,000) Cash inflows from financing activities$60,000
Based on the above information, the cash flows from the company's investing activities would be
A)a cash outflow of $10,000.
B) a cash inflow of $10,000.
C) a cash inflow of $nil.
D) a cash inflow of $20,000.
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