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The Statement of Cash Flows for the Current Year Contained

Question 42

Multiple Choice

The Statement of Cash Flows for the current year contained the following: The Statement of Cash Flows for the current year contained the following: The change in cash for the current year was an increase of $14,000. What is the amount of cash flows from (used in) financing activities? A) ($40,000) B) $5,000 C) $49,000 D) $10,000 The change in cash for the current year was an increase of $14,000.
What is the amount of cash flows from (used in) financing activities?


A) ($40,000)
B) $5,000
C) $49,000
D) $10,000

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