A company ended the year with $4.5 million in cash.During this year,it had earned $2.4 million in operating and financing activities.Which of the following statements is necessarily TRUE?
A) The company started the year with less than $2.1 million.
B) The company started the year with more than $2.1 million.
C) The company started the year with $2.1 million minus the amount of investing activities during the year.
D) The company started the year with $2.1 million plus the amount of investing activities during the year.
E) The company started the year with $4.5 million in cash.

Question

Quizplus · Accepted Answer

D)net cash flow = start + revenue - all costs

A Company Ended the Year with $4