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The Information Below Was Taken from the 2018 Annual Report

Question 24

Multiple Choice

The information below was taken from the 2018 annual report of Jena Corporation.
201820172016 Beginning cash balance $12,000?$5,000 Net cash flow from operating activities 7,987?9,100 Net cash flow from investing activities 2,4504,330? Net cash flow from financing activities ?(9,612) (7,500)  Ending cash balance $11,000?$12,500\begin{array}{|l|c|c|c|} \hline& \mathbf{2 0 1 8} & \mathbf{2 0 1 7} & \mathbf{2 0 1 6} \\\hline \text { Beginning cash balance } & \$ 12,000 & ? & \$ 5,000 \\\hline \text { Net cash flow from operating activities } & 7,987 & ? & 9,100 \\\hline \text { Net cash flow from investing activities } & 2,450 & 4,330 & ? \\\hline \text { Net cash flow from financing activities } & ? & (9,612) & (7,500) \\\hline \text { Ending cash balance } & \$ 11,000 & ? & \$ 12,500\\\hline\end{array}
Which of the following is the missing amount for the net cash flow from investing activities for 2016?


A) $5,900
B) $10,900
C) $15,000
D) $4,450

Correct Answer:

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