Multiple Choice
Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activities of $2,000.If the beginning and ending cash balances for the company were $4,000 and $11,000,then net cash change from investing activities was:
A) an outflow or decrease of $1,000.
B) an inflow or increase of $2,000.
C) an inflow or increase of $1,000.
D) zero.
Correct Answer:
Verified
Correct Answer:
Verified
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