Multiple Choice
Stojko Corporation had a net decrease in cash of $10,000 for the current year. Net cash used in investing activities was $52,000 and net cash used in financing activities was $38,000. What amount of cash was provided (used) in operating activities?
A) $100,000 provided.
B) $(100,000) used.
C) $80,000 provided.
D) $(80,000) used.
E) $(10,000) useD.$10,000 - $52,000 - $38,000 = $80,000
Correct Answer:
Verified
Correct Answer:
Verified
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