Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activities of $2,000.If the beginning and ending cash balances for the company were $4,000 and $11,000,what was the net cash change from investing activities?
A)An outflow or decrease of $1,000
B)An inflow or increase of $2,000
C)An inflow or increase of $1,000
D)Zero

Question

Quizplus · Accepted Answer

Beginning cash balance + Increase from operating activities - Decrease from financing activities +/- Increase or decrease from investing activities = Ending cash balance
$4,000 + $10,000 - $2,000 +/- Increase or decrease from investing activities = $11,000
$1,000 = Decrease from investing activities

Jackson Company Had a Net Increase in Cash from Operating