Question
Last year Kinslow Company's cash account increased by $16,000 Net cash flows from investing activities were $(39,000) Net cash flows from financing activities were $17,000
Last year Kinslow Company's cash account increased by $16,000 Net cash flows from investing activities were $(39,000) Net cash flows from financing activities were $17,000 On the statement of cash flows, the net cash flows from operating activities were
a). $38,000
b). $(6,000)
c). $(22,000)
d). $16,000
Step by Step Solution
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Step: 1
Net cash flow cash flow from operations cash flow f...
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Step: 2
Step: 3
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
