Net income for the year was $72,000. During the year, net cash provided by operating activities was

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Net income for the year was $72,000. During the year, net cash provided by operating activities was $201,000; net cash used for investing activities was $168,000; net cash provided by financing activities was $47,000.

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Calculate net increase (decrease) in cash for the year.

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Accounting What The Numbers Mean

ISBN: 9781264126743

13th Edition

Authors: David Marshall

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Question Posted: Oct 18, 2022 03:17 AM

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Net income for the year was $72,000. During the year, net cash provided by operating activities was

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Set up a skeletal statement of cash flows using the structure and format as shown ...View the full answer

Accounting What The Numbers Mean

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