In 2018, Lower Case Productions had cash flows from investing activities of +$50,000 and cash flows from financing activities of +$100,000. The balance in the firm's cash account was $80,000 at the beginning of 2018 and $65,000 at the end of the year. What was Lower Case's cash flow from operations for 2018?
A) -$15,000
B) -$150,000
C) -$165,000
D) -$65,000

Question

Quizplus · Accepted Answer

The change in cash is $65,000 - $80,000 = -$15,000. Cash flow from operations = Change in cash - Cash flow from investing - Cash flow from financing = -$15,000 - $50,000 - $100,000 = -$165,000.

In 2018, Lower Case Productions Had Cash Flows from Investing