What amounts will Siebens report on its 2013 statement of cash flows?
A) An operating cash inflow of $1,600 and a cash inflow of $20,000 shown as an investing activity
B) An operating cash inflow of $1,600 and a financing cash inflow of $20,000
C) An investing activity cash inflow of $20,000 and a financing cash inflow of $1,600
D) $21,600 cash inflow from financing activities

Question

Quizplus · Accepted Answer

The question states that Siebens will report an operating cash inflow of $1,600 and a cash inflow of $20,000 shown as an investing activity. Therefore, option A is the correct choice. The other options do not accurately reflect the amounts given in the question.

What Amounts Will Siebens Report on Its 2013 Statement of Cash