Furis Corporation's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash

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Furis Corporation's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account decreased by $12,000 and its marketable securities account increased by $19,000. Cash provided by operating activities was $18,000. Net cash used in financing activities was $12,000. Based on this information, the net cash flow from investing activities on the statement of cash flows was:
A. A net $12,000 decrease
B. A net $1,000 increase
C. A net $6,000 decrease
D. A net $6,000 increase
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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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