Question
If a company reported net income for the year of $160,000, cash from operating activities of $105,000, cash flows from financing activities of $225,000, and
If a company reported net income for the year of $160,000, cash from operating activities of $105,000, cash flows from financing activities of $225,000, and cash used in investing activities of $450,000, what was the change in cash for the year?
|
| $40,000 increase |
|
| $120,000 decrease |
|
| $170,000 decrease |
|
| $65,000 decrease |
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Accounting A Comprehensive Guide For Beginners
Authors: Robert McCarthy
1st Edition
1638180474, 978-1638180470
