Chow Company earned $4,900 of cash revenue, paid $2,700 for cash expenses, and paid a $1,050 cash dividend to its owners. Which of the following 12 statements is true? Multiple Choice The net cash inflow from operating activities was $2,200. The net cash outflow for investing activities was $1,050. The net cash inflow from operating activities was $1150. The net cash outflow for investing activities was $2,200.

Chow Company earned $4,900 of cash revenue, paid $2,700 for cash expenses, and paid a $1,050 cash dividend to its owners. Which of the following 12 statements is true? Multiple Choice The net cash inflow from operating activities was $2,200. The net cash outflow for investing activities was $1,050. The net cash inflow from operating activities was $1150. The net cash outflow for investing activities was $2,200.

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 21E

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