Question
FDN Company shows the following amounts in its Statement of Cash Flows for the year ended December 31, 2021: Net cash used in operating
FDN Company shows the following amounts in its Statement of Cash Flows for the year ended December 31, 2021: Net cash used in operating activities P 3,000,000 Net cash used in investing activities 4,000,000 Net cash provided by financing activities 4,500,000 Cash balance, January 1 7,000,000 How much is the balance of cash at December 31, 2021?
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
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