A cash flow statement shows $14,000 from operations, ($8,500)from investing,and $23,000 from financing.The cash balance must have increased or decreased by
A)$28,500.
B)$14,500.
C)$45,500.
D)$37,000.

Question

Quizplus · Accepted Answer

The cash balance increased by $28,500. The cash flow from operations was $14,000, the cash flow from investing was ($8,500), and the cash flow from financing was $23,000. The total cash flow was $28,500.

A Cash Flow Statement Shows $14,000 from Operations, ($8,500)from Investing,and