Callahan Company earned $1,500 of cash revenue, paid $1,000 for cash expenses, and paid a $200 cash dividend to its owners. Which of the following statements is true?
A) The net cash flow from operating activities was $500.
B) The net cash flow from investing activities was an outflow or decrease of $200.
C) The net cash flow from operating activities was $300.
D) Cash flows from financing activities were unchanged.
Correct Answer:
Verified
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