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ABC Inc. begins the year with $100,000 in cash (12/31/2021) and ends the year with $300,000 in cash (12/31/2022). The experience an outflow of $250,000
ABC Inc. begins the year with $100,000 in cash (12/31/2021) and ends the year with $300,000 in cash (12/31/2022). The experience an outflow of $250,000 from investing activities and they experience an inflow of $150,000 from financing activities. They have three operating cash flows that include paying $300,000 for inventory and paying $200,000 for salaries. What is the other operating cash flow? O O Inflow or outflow Which of the following could be the operating cash flow: $800,000 paid for interest on a loan owed to Big Bank $300,000 paid for interest on a loan owed to Big Bank $800,000 paid for principal on a loan owed to Big Bank $300,000 paid for principal on a loan owed to Big Bank $800,000 cash collected from customers Operating +Investing +financing change in cash 300,000=X-300,000 M M M 300,000 - 250,000 +150,000 200,000 - 200,000 300,000= 7-500,000 +500,000 Amount $300,000 cash collected from customers $800,000 dividends paid to ABC Inc. shareholders $300,000 dividends paid to ABC Inc. shareholders Operating 7= 800,000 inflow $800,000 not on exam- Solve back wards operating Skinancing financing 150,000-250,000= -100, 000 X-100,000=200,000 +100,000 +100,000 X=300,000 (THE ANSWER I HAVE IS CORRECT AND DONE BY MY PROFFESOR I JUST NEED HELP UNDERSTANDING THE PROCESS OF HOW TO GET TO THE ANSREW)
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