For the year ended December 31, 2003, a corporation had cash flow from operating activities of $12,000, cash flow from investment activities of – $10,000, and cash flow from financing activities of $4,000. The Statement of Cash Flows would show a
A. net decrease of $18,000 in cash and marketable securities.
B. net decrease of $6,000 in cash and marketable securities.
C. net increase of $6,000 in cash and marketable securities.
D. net increase of $2,000 in cash and marketable securities.
Answer:C
For the year ended December 31, 2003, a corporation had cash flow from operating activities of $12,000, cash flow from investment activities of – $10,000, and cash flow from financing activities of $4,000. The Statement of Cash Flows would show a
A. net decrease of $18,000 in cash and marketable securities. B. net decrease of $6,000 in cash and marketable securities. C. net increase of $6,000 in cash and marketable securities. D. net increase of $2,000 in cash and marketable securities.