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Given the following information, calculate the total cash provided by / (used in) financing activities: Given the following information, calculate the total cash provided by
Given the following information, calculate the total cash provided by / (used in) financing activities:
Given the following information, calculate the total cash provided by / (used in) financing activities: Mortgage repayments $120,000 New bank loan obtained $35,000 Dividends paid during the year $10,000 Common shares Jan. 1, 2019$100,000 Common shares Dec. 31,2019$125,000 Select one: a. increase in cash of $70,000 b. decrease in cash of $70,000 c. decrease in cash of $95,000 d. increase in cash of $30,000 Step by Step Solution
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