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2 October, 15:04

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.

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  1. 2 October, 16:57
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    correct option is a. an outflow or decrease of $1,000

    Explanation:

    given data

    cash from operating activities = $10,000

    Ending cash = $11,000

    beginning cash = $4,000

    cash from financing activities = $2,000

    solution

    we get here cash from investing activities from the equation that is express as

    Ending cash - beginning cash = cash from operating activities + cash from investing activities + cash from financing activities ... 1

    put here value and we get

    $11,000 - $4,000 = $10,000 + cash from investing activities + $2,000

    solve it we get

    cash from investing activities = $1000

    so

    correct option is a. an outflow or decrease of $1,000
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