During the year, a company had the cash flows listed below. What was the total net cash flow for the year?Cash inflow from operating activities$102,000Cash outflow from investing activities73,200Cash outflow from financing activities38,400Cash outflow from nonoperating activities33,600Select one:a. Cash inflow of $24,000b. Cash inflow of $62,400c. None of these are correctd. Cash outflow of $43,200e. Cash outflow of $9,600

A cash flow statement denotes total amount cash is inflows and cash outflows your business in a…

Answered: uring the year, a company had the cash…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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During the year, a company had the cash flows listed below. What was the total net cash flow for the year?

Cash inflow from operating activities	$102,000
Cash outflow from investing activities	73,200
Cash outflow from financing activities	38,400
Cash outflow from nonoperating activities	33,600

Select one:

a. Cash inflow of $24,000

b. Cash inflow of $62,400

c. None of these are correct

d. Cash outflow of $43,200

e. Cash outflow of $9,600

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