Reference no: EM132975521
Problem 1: During the current year, Rock Company's cash balance increased from $78,000 to $92,200. Rock's net cash ?ow from operating activities was $38,200 and its net cash ?ow from ?nancing activities was $12,900. How much was Rock's net cash ?ow from investing activities?
Group of answer choices
Option 1: A net cash ?ow of $41,100.
Option 2: A net cash ?ow of ($36,900).
Option 3: A net cash ?ow of $65,300.
Option 4: A net cash ?ow of ($65,300).
Problem 2: At the beginning of 2019, a corporation had assets of $670,000 and liabilities of $520,000. During 2019, assets increased $52,000 and liabilities increased $7,000. What was stockholders' equity at December 31, 2019?
Group of answer choices
Option 1: $475,000
Option 2: $195,000
Option 3: $715,000
Option 4: $91,000
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