Question: board. com$6252Fwebap.. A Saved Help Save & Exit Sub 20 Riley Company borrowed $48,000 on April 1, Year 1 from the Titan Bank. The note

board. com$6252Fwebap.. A Saved Help Save & Exit
board. com$6252Fwebap.. A Saved Help Save & Exit Sub 20 Riley Company borrowed $48,000 on April 1, Year 1 from the Titan Bank. The note issued by Riley carried a one year term and a 6% annual interest rate. Riley earned cash revenue of $1,140 in Year 1 and $1,500 in Year 2. Assume no other transactions. The amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows would be: 11.34 points Skipped Multiple Choice O $780 inflow O $1,500 inflow O $48,780 outflow O $1,380 outflow 20 of 31 Next >

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