Burger Palace Corporation reports a net-cash-used for investing activities of $3.4 million and a net-cash-provided by financing

Question:

Burger Palace Corporation reports a net-cash-used for investing activities of $3.4 million and a net-cash-provided by financing activities of $1.6 million. If cash increased by $1.1 million during the year, what was the net cash flow provided from operating activities?

A) $0.7 million

B) $2.9 million

C) $3.9 million

D) $6.1 million

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...