A cash flow statement shows $13,000 from operations, ($9,000) from investing, and $21,000 from financing. The cash balance must have increased or decreased by:
A) $13,000.
B) $25,000.
C) $ 9,000.
D) $34,000.

Question

Quizplus · Accepted Answer

The cash balance increased by $25,000, calculated by adding cash flows from operations ($13,000), investing (-$9,000), and financing ($21,000).

A Cash Flow Statement Shows $13,000 from Operations, ($9,000) from Investing