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BScott Ltd Reported the Following Cash Flow Information for Year

Question 14

Multiple Choice

B.Scott Ltd reported the following cash flow information for year 2010:  Cash used in operating activities (4,000)  Cash used in investing activities (36,000)  Cash generated from finance activities 32,000 Net cash outflow (8,000) \begin{array} { l c } \text { Cash used in operating activities } & ( 4,000 ) \\\text { Cash used in investing activities } & ( 36,000 ) \\\text { Cash generated from finance activities } & \underline { 32,000 } \\\text { Net cash outflow } & ( 8,000 ) \end{array} Which of the following balance sheet extracts for B.Scott Ltd is correct?


A)
20092010 Cash 16,00024,000\begin{array} { l l c } & \mathbf { 2 0 0 9 } & \mathbf { 2 0 1 0 } \\\text { Cash } & 16,000 & 24,000\end{array}
B) 20092010 Cash 16,00048,000\begin{array} { l l c } & \mathbf { 2 0 0 9 } & \mathbf { 2 0 1 0 } \\\text { Cash } & 16,000 & 48,000\end{array}
C)
20092010 Cash 4,000(4,000) \begin{array} { c c c } & \mathbf { 2 0 0 9 } & \mathbf { 2 0 1 0 } \\\text { Cash } & 4,000 & ( 4,000 ) \end{array}
D)
20092010 Cash 4,000(8,000) \begin{array} { c r r } & 2009 & 2010 \\\text { Cash } & 4,000 & ( 8,000 ) \end{array}

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