If $45,000 was generated from operations, $27,300 was used for investing activities, and $5,800 was generated from Accounting activities, the cash balance would: A. increase by $23,500. B. increase by $45,000. C. decrease by $21,500. D. increase by $15,700.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 19E
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Please provide the correct answer to this general accounting problem using accurate calculations.

If $45,000 was generated from operations, $27,300 was used for
investing activities, and $5,800 was generated from Accounting
activities, the cash balance would:
A. increase by $23,500.
B. increase by $45,000.
C. decrease by $21,500.
D. increase by $15,700.
Transcribed Image Text:If $45,000 was generated from operations, $27,300 was used for investing activities, and $5,800 was generated from Accounting activities, the cash balance would: A. increase by $23,500. B. increase by $45,000. C. decrease by $21,500. D. increase by $15,700.
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