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A startup tech company, Tech Innovations Inc., provides the following data for the year: Cash generated from operating activities is $500,000. Cash used in investing
- A startup tech company, Tech Innovations Inc., provides the following data for the year:
- Cash generated from operating activities is $500,000.
- Cash used in investing activities is $300,000.
- Cash provided by financing activities is $200,000.
- The beginning cash balance is $100,000.
Prepare a comprehensive cash flow statement for Tech Innovations Inc., outlining the sources and uses of cash during the year.
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
130565353X, 978-1305887510, 1305887514, 978-1305653535
