In 2015, Usher Sports Shop had cash flows from investing activities of -$4,364,000 and cash flows from
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In 2015, Usher Sports Shop had cash flows from investing activities of -$4,364,000 and cash flows from financing activities of -$5,880,000. The balance in the firm’s cash account was $1,615,000 at the beginning of 2015 and $1,742,000 at the end of the year. Calculate Usher Sports Shop’s cash flow from operations for 2015.
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Net change in cash and marketable securities 1742000 16150...View the full answer
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Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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