When comparing two statements of financial position, you notice that: (i) Last year, the c
When comparing two statements of financial position, you notice that: (i) Last year, the company had included in current assets investments of $10,000. This year, there are no investments in current assets. (ii) Last year, the company had an overdraft of $8,000. This year, the overdraft is $4,000. What is the impact on the cash balance year on year?
A、Increase $4,000
B、Decrease $4,000
C、Increase $6,000
D、Decrease $6,000