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1. What would be the correct order in which the following would be listed on a statement of cash flows? Cash paid for purchase of
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1. What would be the correct order in which the following would be listed on a statement of cash flows?
- Cash paid for purchase of land, decrease in inventories, cash paid for dividends
- Cash paid for dividends, cash paid for purchase of land, decrease in inventories
- Decrease in inventories, cash paid for purchase of land, cash paid for dividends
- Decrease in inventories, cash paid for dividends, cash paid for purchase of land
2. Fox Corporation reported the following on its year-end statement of cash flows:
Net cash flow from operating activities $120,700 Net cash flow used for investing activities (2,850) Net cash flow used for financing activities (19,000) Cash at the beginning of the year 52,500 - $45,650
- $98,150
- $151,350
- None of these choices are correct.
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