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mr Goodwill [35]
3 years ago
7

During the year, a company had the cash flows listed below. What was the total net cash flow for the year? Cash inflow from oper

ating activities $102,000 Cash outflow from investing activities 73,200 Cash outflow from financing activities 38,400 Cash outflow from nonoperating activities 33,600 A. Cash outflow of $68,400 B. Cash inflow of $216,800 C. Cash inflow of $136,800 D. Cash outflow of $9,600 E. None of the above
Business
1 answer:
monitta3 years ago
5 0

Answer:

E. None of the above

Explanation:

We must substract the ouflows from the inflows:

Cash inflow from operating activites               $102,000

Cash outflow from non-operating activities    ($33,600)

Cash outflow from investing activities             ($73,200)

Cash outflow from financing activities             ($38,400)

Total net cash flow                                            ($43,200)

Cash outflows from non-operating activities is category under which outflows from financing and investing activities fall. In this question, this category is included both in aggregated and disaggregated for. This would not make much sense is a balance sheet, but in order to solve the question correctly, it must be taken into account.

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