If a Company Reported Net Income for the Year of $160,000,cash

question 25

Multiple Choice

If a company reported net income for the year of $160,000,cash from operating activities of $105,000,cash flows from financing activities of $225,000,and cash used in investing activities of $450,000,what was their change in cash for the year?

• A)$120,000 decrease
• B)$170,000 decrease
• C)$40,000 increase
• D)$65,000 decrease

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Definitions:

Callable Bond

is a type of bond that gives the issuer the right to redeem the bond before its maturity date, under specific conditions.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an underlying asset at a specified price within a certain time frame.

Transactions Costs

Expenses incurred when buying or selling goods or services, including the costs of trading financial instruments.