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For Company ABC in the year 2020, cash was generated/spent from the following sources:
operations $235,000investments $(120,000)
Also, cash levels at the end of both years are also available:
cash level at end of 2019 $100,000cash level at end of 2020 $123,000
Problem 1: In 2020, the amount of cash generated from financial activities was:
Select one:
a. $ 138,000
b. $ (138,000)
c. $ 23,000
d. $ (92,000)
e. $ 92,000
Problem 2: The amount of cash dividends paid in 2020 is:
a. $ 0
b. $ 9,000
c. $ 13,000
d. $ 17,000
e. none of the above
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