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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
Question 4 options:
a cash inflow of $20,000. | |
a cash inflow of $nil. | |
a cash inflow of $10,000. | |
a cash outflow of $10,000. |
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