Question: Use the information in the table to answer the next 3 questions about the Statement of Cash flows. Dividends $40 Increase in common stock 10
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Use the information in the table to answer the next 3 questions about the Statement of Cash flows.
Dividends $40 Increase in common stock 10 Increase in accounts receivable 300 Increase in inventories 80 Increase in Accounts Payable 60 Interest expense 0 Depreciation expense 1500 Increase in long-term debt 80 Increase in other current assets 150 Increase in gross fixed assets 50 Income taxes 0 Beginning Cash 1785 What is the net cash flow from operating activities?
a. $1450
b. $1515
c. $1140
d. $2370
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Using the data given in the table from the previous question, what's the net cash flows from investment activity?
a. -$50
b. $100
c. $55
d. -$250
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Using the data given in the table from the previous question, what's the net cash flows from financing activity?
a. $-30
b. $50
c. $30
d. None of the other choices
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