1.started the business by issuing common stock for $18,000 cash 2. paid $12,000 cash to purchase inventory 3. sold merchandise that cost $9,000 for $19,000 on account 4. collected $16,000 cash from accounts receivable 5. paid $4,500 for operating expense

sign.) nt of Cash Flown For the Year Endirg Uecember 31, 2014 Cash flows from operating activities Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net cash flows from financing activities Net change in cash Ending cash balance c. Since sold for she will be able to recover more than half of the s18,000 she invested in the stock Do you agree with this statement? Yes Type here to search F6