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Diaz Company had the following comparative balance sheet information at the end of Year 2 and Year 1 : Diaz reported net income for Year
Diaz Company had the following comparative balance sheet information at the end of Year and Year :
Diaz reported net income for Year of $ There were no sales or disposals of property, plant, and equipment during the year.
Diaz uses the indirect method to prepare the statement of cash flows.
Required:
Calculate Diaz's cash flow from financing activities for Year
Note: Enter cash outflows with a minus sign.
Net cash flow from financing activities
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