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During the year, Next Tec Corporation had the following cash flows: receipt from customers, $20,000; receipt from the bank for long-term borrowing. $6,600; payment to
During the year, Next Tec Corporation had the following cash flows: receipt from customers, $20,000; receipt from the bank for long-term borrowing. $6,600; payment to suppliers, $5,300; payment of dividends; $1,600, payment to workers, $2,900; and payment for machinery, $10,000. What amount would be reported for net financing cash inflows (outflows) in the statement of cash flows? Multiple Choice. ($10,000) $6,600 $5,000 $4,500
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