Question
Clark Coatings Company uses the indirect method to prepare the cash flow statement. See the information below for 2017: Net cash from operating activities: $44,000
Clark Coatings Company uses the indirect method to prepare the cash flow statement. See the information below for 2017:
Net cash from operating activities: $44,000
Net cash used from investing activities: $27,000
Net cash from financing activities: $2,000
What is the net change in cash during the year?
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Understanding Financial Accounting
Authors: Christopher D. Burnley
2nd Canadian Edition
1119406927, 978-1119406921
