Question
Clark Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year 2017: Net cash
Clark Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year 2017:
Net cash provided by operating activities: $44,000 Net cash used for investing activities: $(27,000) Net cash provided by financing activities: $2,000
What is the net change in cash during the year?
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
