If total change in cash = $44,000,net operating cash flows = $22,000,and net investing cash flows = ($13,000);then net financing cash flows =
A)$15,000.
B)$35,000.
C)$25,000.

Question

Quizplus · Accepted Answer

Using the formula of cash flows statement: 
Cash flows from operating activities + Cash flows from investing activities + Cash flows from financing activities = Total change in cash

$22,000 (Net operating cash flows) + (-$13,000) (Net investing cash flows) + X (Net financing cash flows) = $44,000

Solving for X: 
X = $35,000

Therefore, the net financing cash flows is $35,000 which is option B.

If Total Change in Cash = $44,000,net Operating Cash Flows