Jackson Company had a net increase in cash from operating activities of $9,700 and a net decrease in cash from financing activities of $3,550. If the beginning and ending cash balances for the company were $4,700 and $14,400, what was the net cash change from investing activities?
A) An outflow or decrease of $3,550.
B) An inflow or increase of $1,150.
C) An inflow or increase of $3,550.
D) Zero.
Correct Answer:
Verified
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