Saints Ltd Is Preparing a Statement of Cash Flows for the Year

question 45

Multiple Choice

Saints Ltd is preparing a statement of cash flows for the year ended 30 June 2009. You are the accountant of the entity and have collected the following data.

What is the amount of net cash used in investing and financing activities, respectively?

• A) $20,000; ($286,000);
• B) $(340,000); $74,000;
• C) $(348,000); ($22,000);
• D) $(380,000); $74,000;
• E) None of the given answers

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