Multiple Choice
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 their change in cash for the year?
A) $120,000 decrease
B) $170,000 decrease
C) $40,000 increase
D) $65,000 decrease
Correct Answer:
Verified
Correct Answer:
Verified
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