Grading Company's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account decreased by $14,000 and its marketable securities account increased by $18,000. Cash provided by operating activities was $21,000. Net cash used for financing activities was $22,000. Based on this information, the net cash flow from investing activities on the statement of cash flows was:
A) a net $13,000 decrease.
B) a net $1,000 increase.
C) a net $3,000 decrease.
D) a net $5,000 increase.
Correct Answer:
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