Post Utme Skyline University 2019 Accounting Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2019 Accounting Objective / Multiple Choice
Question 24 POST_UTME_SKYLINE_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's cash flow statement for the year ended December 31, 2022, shows the following: Cash Flows from Operating Activities ₦200,000, Cash Flows from Investing Activities ₦100,000, and Cash Flows from Financing Activities ₦50,000. What is the company's net cash outflow for the year?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Skyline University 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Skyline University Accounting examination.

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