Saints Ltd is preparing a statement of cash flows for the year ended 30 June 2009. You are the accountant of the entity and have collected the following data.

What is the amount of net cash used in investing and financing activities, respectively?
A) $20,000; ($286,000);
B) $(340,000); $74,000;
C) $(348,000); ($22,000);
D) $(380,000); $74,000;
E) None of the given answers

Question

Saints Ltd is preparing a statement of cash flows for the year ended 30 June 2009. You are the accountant of the entity and have collected the following data.

What is the amount of net cash used in investing and financing activities, respectively?
A) $20,000; ($286,000); 
B) $(340,000); $74,000; 
C) $(348,000); ($22,000); 
D) $(380,000); $74,000; 
E) None of the given answers

Quizplus · Accepted Answer

The Answer of Saints Ltd is preparing a statement of cash flows for the year ended 30 June 2009. You are the accountant of the entity and have collected the following data.

What is the amount of net cash used in investing and financing activities, respectively?
A) $20,000; ($286,000); 
B) $(340,000); $74,000; 
C) $(348,000); ($22,000); 
D) $(380,000); $74,000; 
E) None of the given answers

Saints Ltd Is Preparing a Statement of Cash Flows for the Year