Post Utme Pan Atlantic University 2024 Accounting Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2024 Accounting Objective / Multiple Choice
Question 29 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • ACCOUNTING • objective

The following is a statement of cash flows for a company: Cash Flows from Operating Activities: ₦50,000; Cash Flows from Investing Activities: ₦20,000; Cash Flows from Financing Activities: ₦30,000. What is the net increase in cash and cash equivalents?

Answer Options

Correct Answer A. ₦30,000
B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Pan Atlantic University 2024 Accounting Question 29. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Accounting examination.

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