Eduardo's Texas Cantina had the following results for December 31, 2015 and 2016, respectively: What was the amount of cash flows from investing activities for 2016?
A) Cash inflow of $378,000
B) Cash outflow of $378,000
C) Cash outflow of $7,000
D) Cash outflow of $391,000

Question

Eduardo's Texas Cantina had the following results for December 31, 2015 and 2016, respectively:  What was the amount of cash flows from investing activities for 2016?
A) Cash inflow of $378,000 
B) Cash outflow of $378,000 
C) Cash outflow of $7,000 
D) Cash outflow of $391,000

Quizplus · Accepted Answer

The Answer of Eduardo's Texas Cantina had the following results for December 31, 2015 and 2016, respectively:  What was the amount of cash flows from investing activities for 2016?
A) Cash inflow of $378,000 
B) Cash outflow of $378,000 
C) Cash outflow of $7,000 
D) Cash outflow of $391,000

Eduardo's Texas Cantina Had the Following Results for December 31