Flash had cash inflows from operations $62,500; cash outflows from investing activities of $47,000; and cash inflows from financing of $25,000. The net change in cash was:
A) $40,500 increase.
B) $40,500 decrease.
C) $134,500 decrease.
D) $134,000 increase.
E) $9,500 increase.

Question

Quizplus · Accepted Answer

The net change in cash is calculated by adding cash inflows from operations ($62,500) and cash inflows from financing ($25,000), then subtracting cash outflows from investing activities ($47,000). This results in a net increase of $40,500 ($62,500 + $25,000 - $47,000).

Flash Had Cash Inflows from Operations $62,500; Cash Outflows from Investing