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Analysis reveals that a company had a net increase in cash of $20,660 for the current year. Net cash provided by operating activities was $18,600;
Analysis reveals that a company had a net increase in cash of $20,660 for the current year. Net cash provided by operating activities was $18,600; net cash used in investing activities was $10,300 and net cash provided by financing activities was $12,360. If the year-end cash balance is $24,900, the beginning cash balance was: Multiple Choice 0 $45,560 0 $16,420. 0 $40,320. $40,320. 0 $41,320. 0 $4,240
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