Question
On its year-end balance sheet, Hasten Inc., reported cash and cash equivalents at the start of the year of $43,315 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 $43,315 thousand. By the end of the year, the cash and cash equivalents had decreased to $40,931 thousand. The companys statement of cash flows reported cash from operating activities of $249,540 thousand, cash from financing activities of $(184,163) thousand.
What amount did the company report for cash from investing activities?
A) $62,993 thousand cash inflow
B) $62,993 thousand cash outflow
C) $67,761 thousand cash inflow
D) $67,761 thousand cash outflow
E) None of these are correct.
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