Question
Comfy Homes growing business will require additional cash to invest in working capital and fixed assets. Tenisa and Randolf plan to make an additional $10,000
Comfy Homes growing business will require additional cash to invest in working capital and fixed assets. Tenisa and Randolf plan to make an additional $10,000 cash contribution to the business before the end of 2017.
Using the financial statements provided as a basis, what would be the impact of this transaction on the December 31, 2017 Statement of Cash Flows for Comfy Home?
Select all that apply.
Group of answer choices
1. $10,000 increase in net cash from operating activities
2. $10,000 increase in net cash
3. $10,000 increase in net cash from investing activities
4. $10,000 increase in net cash from financing activities
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