$9,000. The Statement of Cash Flows would show a
A. net decrease of $3,000 in cash and marketable securities.
B. net decrease of $5,000 in cash and marketable securities.
C. net increase of $3,000 in cash and marketable securities.
D. net increase of $5,000 in cash and marketable securities.
Answer:C
$9,000. The Statement of Cash Flows would show a
A. net decrease of $3,000 in cash and marketable securities. B. net decrease of $5,000 in cash and marketable securities. C. net increase of $3,000 in cash and marketable securities. D. net increase of $5,000 in cash and marketable securities.