Jackson Company Had a Net Increase in Cash from Operating

question 155

Multiple Choice

Jackson Company had a net increase in cash from operating activities of $9,700 and a net decrease in cash from financing activities of $3,550. If the beginning and ending cash balances for the company were $4,700 and $14,400, what was the net cash change from investing activities?

• A)An outflow or decrease of $3,550.
• B)An inflow or increase of $1,150.
• C)An inflow or increase of $3,550.
• D)Zero.

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