Chester Company earned $12,500 of cash revenue, paid $7,500 for cash expenses, and paid a $200 cash dividend to its owners. Which of the following statements is true? Multiple Choice The net cash inflow from operating activities was $5,000. The net cash outflow for investing activities was $4,800. The net cash inflow from operating activities was $4,800. The net cash outflow for investing activities was $5,000
Chester Company earned $12,500 of cash revenue, paid $7,500 for cash expenses, and paid a $200 cash dividend to its owners. Which of the following statements is true? Multiple Choice The net cash inflow from operating activities was $5,000. The net cash outflow for investing activities was $4,800. The net cash inflow from operating activities was $4,800. The net cash outflow for investing activities was $5,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Chester Company earned $12,500 of cash revenue, paid $7,500 for cash expenses, and paid a $200 cash dividend to its owners. Which of the following statements is true?
Multiple Choice
-
The net
cash inflow from operating activities was $5,000. -
The net
cash outflow for investing activities was $4,800. -
The net cash inflow from operating activities was $4,800.
-
The net cash outflow for investing activities was $5,000.
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