Jacks Company Had a Net Increase in Cash from Operating

question 30

Multiple Choice

Jacks Company had a net increase in cash from operating activities of $8,000 and a net decrease in cash from financing activities of $1,000. If the beginning and ending cash balances for the company were $3,000 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.

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