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Callahan Company earned $4,300 of cash revenue, paid $2,400 for cash expenses, and paid a $900 cash dividend to its owners. Which of the following
Callahan Company earned $4,300 of cash revenue, paid $2,400 for cash expenses, and paid a $900 cash dividend to its owners. Which of the following statements is true? |
The net cash flow from operating activities was $1,000.
The net cash flow from investing activities was an outflow or decrease of $900.
The net cash flow from operating activities was $1,900.
Cash flows from financing activities were unchanged.
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