Emerald Inc.reported the following information for Year 1 and Year 2:
Which of the following is the amount of net cash flow from investing activities for Year 2?
A) Cash inflow of $300,000
B) Cash outflow of $250,000
C) Cash inflow of 45,000
D) Cash outflow of $301,000

Question

Emerald Inc.reported the following information for Year 1 and Year 2:  
 Which of the following is the amount of net cash flow from investing activities for Year 2?
A) Cash inflow of $300,000 
B) Cash outflow of $250,000 
C) Cash inflow of 45,000 
D) Cash outflow of $301,000

Quizplus · Accepted Answer

Change in cash = Cash in Year 2 - Cash in Year 1 = $29,000 - Cash in Year 1 =
 Net cash flow = Cash flow from operating activities + Cash flow from financing activities + Cash flows from investing activities
$9,000 = $60,000 + $250,000 + X
X = ($301,000)