Jackson Company Had a Net Increase in Cash from Operating

question 12

Multiple Choice

Jackson Company had a net increase in cash from operating activities of $11,400 and a net decrease in cash from financing activities of $4,000. If the beginning and ending cash balances for the company were $5,000 and $10,600, respectively, what is the net cash change from investing activities?

• A) An outflow or decrease of $1,800.
• B) An inflow or increase of $4,000.
• C) An inflow or increase of $1,800.
• D) Zero.

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Definitions:

Delegatee

A person or entity that is delegated authority or tasks by another, typically in a legal or formal context.

Incidental Beneficiaries

Third parties who may benefit from the performance of a contract but have no legal rights to enforce its terms.

Governmental Functions

Activities and responsibilities carried out by a government, typically including legislation, law enforcement, and provision of public services.

Assignment

The transfer of rights, property, or duties from one party to another.