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Assume a company has cash flows used by investing activities of $3,200,000 and cash flows from financing activities totaling $2,150,000. At the beginning of 2020,
Assume a company has cash flows used by investing activities of $3,200,000 and cash flows from financing activities totaling $2,150,000. At the beginning of 2020, the business had a cash balance of $500,000 and at the end of 2021, the business had a cash balance of $35,000. a. What is this companys cash flows from (used by) operations? (2 points) b. If you were a potential investor of this company, are you pleased with the cash flows from operations? (1 point)
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