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 $12,000, cash flow from investment activities of - $10,000, and cash flow from financing activities of $4,000. The Statement of Cash Flows would show a
A) net decrease of $18,000 in cash and marketable securities.
B) net decrease of $6,000 in cash and marketable securities.
C) net increase of $6,000 in cash and marketable securities.
D) net increase of $2,000 in cash and marketable securities.
Correct Answer:

Verified
Correct Answer:
Verified
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