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Callahan Company earned $5,100 of cash revenue, paid $2,800 for cash expenses, and paid a $1,100 cash dividend to its owners. Which of the following
Callahan Company earned $5,100 of cash revenue, paid $2,800 for cash expenses, and paid a $1,100 cash dividend to its owners. Which of the following statements is true?
A. | Cash flows from financing activities were unchanged. |
B. | The net cash flow from operating activities was $1,200. |
C. | The net cash flow from operating activities was $2,300. |
D. | The net cash flow from investing activities was an outflow or decrease of $1,100. |
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