Jackson Company Had a Net Increase in Cash from Operating

question 141

Multiple Choice

Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activities of $2,000.If the beginning and ending cash balances for the company were $4,000 and $11,000,then net cash change from investing activities was:

• A)an outflow or decrease of $1,000.
• B)an inflow or increase of $2,000.
• C)an inflow or increase of $1,000.
• D)zero.

---

Definitions:

Innate Ability

A natural talent or skill that a person is born with, not acquired through learning or experience.

Stanford-Binet Intelligence Scale

A standardized test that assesses intelligence and cognitive abilities in children and adults, first developed to identify students needing educational assistance.

Intelligence Quotient

A measure of a person's intelligence as indicated by an intelligence test, expressed as a score derived from standardized tests.