Financial Reporting and Analysis Q154
0. The following information is available for Nissan Newspapers Ltd.
| Cash balance as of June 30, 2012 | $58,000 |
| Cash balance as of July 1, 2011 | $65,000 |
| Cash flows: | |
| Operating activities | ($45,000) |
| Financing activities | $90,000 |
The cash flow from investing activities is closest to:
- Option : A
- Explanation : Ending balance = Beginning balance + Cash flows 58,000 = 65,000 - 45,000 + 90,000 + Investing cash flow Investing cash flow = ($52,000)
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