suppose that the following information is related to X company for 2020 net cash flows from operating activities 12000 net cash flows from financing activities 18000 beginning cash balance 5000 Ending cash balance 10000 The net cash flows from investing activities is ------ O a. (25000) O b. 10000 O c. 30000 O d. 8000
suppose that the following information is related to X company for 2020 net cash flows from operating activities 12000 net cash flows from financing activities 18000 beginning cash balance 5000 Ending cash balance 10000 The net cash flows from investing activities is ------ O a. (25000) O b. 10000 O c. 30000 O d. 8000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 9MCQ: Refer to the information for Cornett Company above. What amount should Cornett report on its...
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![suppose that the following information is related to X company for 2020
net cash flows from operating activities 12000
net cash flows from financing activities 18000
beginning cash balance
5000
Ending cash balance
10000
The net cash flows from investing activities is
O a. (25000)
O b. 10000
O c. 30000
O d. 8000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe345f0cb-da07-47be-a00d-904e7a9bac5f%2Fd1f1b026-4fd7-4b12-9ed7-2233f15bc7a3%2Fw2agsow_processed.png&w=3840&q=75)
Transcribed Image Text:suppose that the following information is related to X company for 2020
net cash flows from operating activities 12000
net cash flows from financing activities 18000
beginning cash balance
5000
Ending cash balance
10000
The net cash flows from investing activities is
O a. (25000)
O b. 10000
O c. 30000
O d. 8000
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