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Analysis reveals that a company had a net Increase in cash of $20,550 for the current year. Net cash provided by operating activities was $18,500;
Analysis reveals that a company had a net Increase in cash of $20,550 for the current year. Net cash provided by operating activities was $18,500; net cash used in Investing activities was $10,250 and net cash provided by financing activities was $12,300. If the year-end cash balance is $24,750, the beginning cash balance was: Multiple Choice $4,200. $16,350. $45,300. $41,100. $40,100
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Cost Accounting A Managerial Emphasis 1
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th Edition
0133803813, 978-0133803815
