Page 1 of 1
If a company reported net income for the year of $170,000, cash from operating activities of $205,000, cash flows from f
Posted: Fri Jul 01, 2022 8:27 am
by answerhappygod
- If A Company Reported Net Income For The Year Of 170 000 Cash From Operating Activities Of 205 000 Cash Flows From F 1 (22.6 KiB) Viewed 23 times
If a
company reported net income for the year of $170,000, cash from operating activities of $205,000, cash flows from financing activities of $255,000, and cash used in investing activities of $420,000, what was their change in cash for the year? Select one: a. none of these are correct b. $10,000 increase - c. $40,000 increase d. $90,000 decrease e. $120,000 decrease f. $40,000 decrease 9. $65,000 decrease Your answer is correct. The correct answer is: $40,000 increase Net Income 170.000 Cash Operating 205,000 Cash Fmancing 255,000 Investing 420,000