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Alpha Company pays $250,000 cash to acquire the net assets of Bravo Company on January 1, 2022. On that date, Bravo Company has $40,000 of

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Alpha Company pays $250,000 cash to acquire the net assets of Bravo Company on January 1, 2022. On that date, Bravo Company has $40,000 of cash on its' books. Which of the following statements is true with respect to the consolidated statement of cash flows resulting from this transaction? Cash from financing activities would increase by $40,000 (the cash owned by Bravo) and cash from operating activities would decrease by $250,000 (the cash used to make the acquisition). Cash from operating activities would increase by $40,000. Cash from investing activities would decrease by $250,000 (the amount paid by Alpha to acquire Bravo's net assets). Cash from investing activities would decrease by $210,000 (the $250,000 paid for the investment less the $40,000 cash owned by Bravo and acquired by Alpha)

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