A few years ago, you lent $100,000 to another company to help them grow. They have been paying you back in payments and now are paying off the final balance. This will be recorded in the cash flow statement in:

A) The investing activities Section

B) The financial activities section

C) Both Investing and financial activities section

2. Paying our bills and taxes are considered outflows and will be reflected on our cash flow statement by

A) They will not affect cash

B) adding to cash

C) subtracting from cash

3. You have been provided with the following information: Cash received by customers: $10,000, cash spent on bills/expenses: $2,500, cash paid for payroll:$5,000, cash paid for down payment on new bulldozer: $10,000. What is the net change in cash for the period?

A) Net increase in cash of $7500

B) Net Increase in cash of $2500

C) Net decrease in cash of 7500