If $12,000 was generated from operations,$6,000 was used for investing activities,and $4,000 was provided by financing activities,the cash balance would:
A)increase by $14,000.
B)decrease by $20,000.
C)increase by $10,000.
D)increase by $2,000.

Question

Quizplus · Accepted Answer

The cash balance would increase by $10,000 as the $12,000 generated from operations exceeds the $6,000 used for investing activities and $4,000 provided by financing activities. Therefore, the net cash inflow is $12,000 - $6,000 + $4,000 = $10,000.

If $12,000 Was Generated from Operations,$6,000 Was Used for Investing