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Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activities of $4,000. If
Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activities of $4,000. If the beginning and ending cash balances for the company were $5,000 and $15,000, what was the net cash change from investing activities? Multiple Choice An outflow or decrease of $4,000 0 An inflow or increase of $1,000 0 An inflow or increase of $4.000 0 Prev 2 of 10 Nexy> earch am Review Help Save Required information The following information applies to the questions displayed below) The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corresponding amounts: Assets $30,000; Liabilities = 2: Common Stock $6,000, Revenue = $13,000. Dividends $1,250, Beginning Retained Earnings = $4,250, Ending Retained Earnings = $8,000 Based on this information, what was the amount of expenses reported on Calloway's income statement for the current year? Multiple Choice $8,000 $16.000 3 4 5 6 of 10 !!! Next >
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