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Blasik Corp. books revealed the following for the current year. What was the net cash flow from operating activities for the year? a) cash flow
Blasik Corp. books revealed the following for the current year. What was the net cash flow from operating activities for the year? a) cash flow from (inflow) $8,000 b) cash flow from (inflow) $0 c) cash flow used (outflow) $2,000 d) cash flow used (outflow) $4,000 If a company reported net income for the year of $160,000, cash from operating activities $105,000, cash flows from financing activities of $225,000, and cash used in investing activity of $450,000, what was their change in cash for the years? a) $120,000 decreases b) $170,000 decrease c) $40,000 d) $65,000 decreases
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