Multiple Choice
Table 4.1
Ruff Sandpaper Co.
Balance Sheets
For the Years Ended 2009 and 2010
-For the year ended December 31, 2008, a corporation had cash flow from operating activities of -$10,000, cash flow from investment activities of $4,000, and cash flow from financing activities of $9,000. The Statement of Cash Flows would show a
A) net decrease of $3,000 in cash and marketable securities.
B) net decrease of $5,000 in cash and marketable securities.
C) net increase of $3,000 in cash and marketable securities.
D) net increase of $5,000 in cash and marketable securities.
Correct Answer:

Verified
Correct Answer:
Verified
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