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9. The following selected data are from a recent statement of cash flows: Net cash flow from operating activities $35,000 Net cash flow used for
9. The following selected data are from a recent statement of cash flows:
Net cash flow from operating activities $35,000
Net cash flow used for investing activities (20,000)
Net cash flow from financing activities 60,000
Ending cash balance 100,000
What was the beginning cash balance?
a.$75,000
b.$(25,000)
c.$25,000
d.$65,000
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