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What was her cash flow from operating activities

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Question - Ann Via founded a business on January 1, 20XY, when she invested $10,000 in cash in the business in exchange for all of the company's common stock. On January 3 she received an additional $20,000 from the local bank on a five-year loan. She bought a warehouse for $120,000 and signed a mortgage loan for the full amount of the building. The building was to last ten years. Assuming that she had no revenues or expenses in the first month of operations other than depreciation, what was her Cash Flow from Operating Activities for the month of January, 20XY?

Reference no: EM131746481

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