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10. On Morton Corp.'s statement of cash flows, its net cash flows from operating activities...

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10. On Morton Corp.'s statement of cash flows, its net cash flows from operating activities are equal to $845,000 when the indirect method is used. If the direct method had been used for the operating activities section instead, the net cash flows from operating activities amount should be: A. Greater than $845,000. B. Equal to $845,000. C. Less than $845,000. 11. Chadwick Inc.'s cash balance increased by $50,000 from the beginning to the end of 2020. If net cash inflows from operating activities were $1,500,000 and net cash outflows from financing activities were $900,000, then which of the following answers is the correct amount with respect to its net cash flows from investing activities? 1 A. $650,000 outflow B. $650,000 inflow C. $600,000 outflow D. $600,000 inflow E. $550,000 outflow F. $550,000 inflow

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