Furis Corporation's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account decreased by $12,000 and its marketable securities account increased by $19,000. Net cash provided by (used in) operating activities was $18,000. Net cash provided by (used in) financing activities was $(12,000) . Based on this information, the net cash provided by (used in) investing activities on the statement of cash flows was:
A) $(12,000)
B) $1,000
C) $(6,000)
D) $6,000
Correct Answer:
Verified
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