COIL LUIMNIGH Time Remaining 02:55:58 A Hide Time Remaining A Question 8 of 16 2 Points. Point(s) deducted for incorrect answer: 0.5 (2 marks) (discount 0.5) The following extracts are from the financial statements of Lamps Ltd as at 31 March 2020: Opening balances as at 1 April 2019: Cash and bank 2,500 Short-term investments 15,600 Long-term investments 23,680 Balances as at 31 March 2020: Cash 5,600 Short-term investments 15,600 Bank overdraft 8,000 Long-term investments 20,600 What is the increase or decrease in cash and cash equivalents for the year ended 31 March 2020? A. a decrease of 3,100 O B. a decrease of 780 C. an increase of 11,100 D. an increase of 10.100 Reset Selection Previous Next Save