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A company's statement of cash flows shows the following information: Beginning cash balance$100,000Ending cash balance$120,000Cash outflows from operating activities($50,000)Cash inflows from financing activities$60,000 Based on
A company's statement of cash flows shows the following information:
Beginning cash balance$100,000Ending cash balance$120,000Cash outflows from operating activities($50,000)Cash inflows from financing activities$60,000
Based on the above information, the cash flows from the company's investing activities would be
A) a cash outflow of $10,000.
B) a cash inflow of $10,000.
C) a cash inflow of $nil.
D) a cash inflow of $20,000.
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