Question
For year ended 12/31/2020, Gator Boot Bobs cash increased $50,000. The company reported strong earnings and cash flow from operating activities totaled $150,000. The company
For year ended 12/31/2020, Gator Boot Bobs cash increased $50,000. The company reported strong earnings and cash flow from operating activities totaled $150,000. The company did pay $25,000 in taxes and depreciation was $50,000. The company investment activities increased cash $20,000 through the issuance of 5,000 shares of stock. Given this information the statement of Cash Flows would show a
Group of answer choices
A net decrease in financing of $120,000
A net decrease in cash and cash equivalents of -$15,000
A net increase in financing of $120,000
Not enough information available
A net decrease in financing of $220,000
A net increase in financing of $220,000
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