Partin Corporation’s cash and cash equivalents consist of cash and marketable securities

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January 7th, 2018

Partin Corporation’s cash and cash equivalents consist of cash and marketable securities. Last year the company’s cash account increased by $31,000 and its marketable securities account decreased by $22,000. Cash provided by operating activities was $108,000. Net cash used in financing activities was $70,000. Based on this information, the net cash flow from investing activities on the statement of cash flows was:a net $9,000 increase.a net $29,000 decrease.a net $38,000 increase.a net $38,000 decrease.

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