Question
On its year-end balance sheet, Hasten Inc., reported cash and cash equivalents at the start of the year of $54,144 thousand. By the end of
On its year-end balance sheet, Hasten Inc., reported cash and cash equivalents at the start of the year of $54,144 thousand. By the end of the year, the cash and cash equivalents had decreased to $51,164 thousand. The companys statement of cash flows reported cash from operating activities of $311,925 thousand, cash from financing activities of $(230,204) thousand. What amount did the company report for cash from investing activities?
Select one:
a. $78,741 thousand cash inflow
b. $84,701 thousand cash inflow
c. $84,701 thousand cash outflow
d. $78,741 thousand cash outflow
e. None of the above.
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