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Beauty Cosmetics Incorporated has $300 in cash on its balance sheet at the end of 2021. During 2022, the firm issued $350 in common stock,
Beauty Cosmetics Incorporated has $300 in cash on its balance sheet at the end of 2021. During 2022, the firm issued $350 in common stock, reduced its notes payable by $30, purchased fixed assets in the amount of $550, and had cash flows from operating activities of $325? How much cash did Beauty Cosmetics Incorporated have on its balance sheet at the end of 2021?
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
