Zippy had cash inflows from operations $60,500;cash outflows from investing activities of $47,000;and cash inflows from financing of $25,000.The net change in cash was:
A)$38,500 increase.
B)$38,500 decrease.
C)$132,500 decrease.
D)$132,000 increase.
E)$11,500 decreasE.Net Change in Cash = Cash Flows from Operating Activities + Cash Flows from Investing

Question

Quizplus · Accepted Answer

Net Change in Cash = Cash Flows from Operating Activities + Cash Flows from Investing Activities + Cash Flows from Financing Activities
Net Change in Cash = $60,500 - $47,000 + $25,000
Net Change in Cash = $38,500 increase

Zippy Had Cash Inflows from Operations $60,500;cash Outflows from Investing