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1. Given the following totals for the various sections of your company's cash flow statement: Operating activities of ($75,000) Investing activities of $50,000 Financing activities

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1. Given the following totals for the various sections of your company's cash flow statement: Operating activities of ($75,000) Investing activities of $50,000 Financing activities of $35,000 Total cash flows $10,000 Would you be satisfied with this cash flow statement? Give two reasons to support your answer (4 pts). 2. Give two ways a flexible budget is different from a static budget. Give an example of each type (4 pts)

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