Question: The difference between the beginning and ending cash balances shown on the balance sheet a. is added to net income to obtain total cash inflows.
The difference between the beginning and ending cash balances shown on the balance sheet
a. is added to net income to obtain total cash inflows.
b. is deducted from net income to obtain net cash inflows.
c. serves as a control figure for the statement of cash flows.
d. is the source of all investing and financing activities.
e. is both c and d.
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