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SIZIF [17.4K]
2 years ago
8

Paige noted that she disbursed $7,847 in payments for operations in her travel agency and received $7,162 in cash receipts for s

ervices rendered. She had no cash receipts or disbursements from investments or financing activities. Thus, Paige had a
Business
1 answer:
AnnyKZ [126]2 years ago
6 0

There is negative cash flow of $685 in the case given as the total amount of cash disbursements was $7,847 and the cash receipts $7,162 for services rendered. Hence, the correct option is negative cash flow.

<h3>What do you mean by cash flow from operating activities?</h3>

Cash flow from operating activities (CFO) shows the quantity of cash an organization brings in from its ongoing, everyday commercial enterprise activities, together with production and promoting items or presenting a service to customers.

The missing information in the question is:

Multiple Choice:

negative cash flow.

positive disbursement.

bad debt allowance.

tax credit payment.

Hence, There is negative cash flow of $685 in the case given as the total amount of cash disbursements was $7,847 and the cash receipts $7,162 for services rendered. The correct option is negative cash flow.

learn more about cash flow from operating activities here:

brainly.com/question/25716101

#SPJ1

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