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On January 1, 2018, Moore, a fast-food company, had a balance in its Cash account of $47,400. During the 2018 accounting period, the company had
On January 1, 2018, Moore, a fast-food company, had a balance in its Cash account of $47,400. During the 2018 accounting period, the company had (1) net cash inflow from operating activities of $29,600, (2) net cash outflow for investing activities of $37,000, and (3) net cash outflow from financing activities of $18,500. Required a. Prepare a statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) 29,600 MOORE COMPANY Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities: Net cash inflow from operating activities ($ Cash flows from investing activities: Net cash outflow from investing activities Cash flows from financing activities: Net cash outflow from financing activities Net decrease in cash Plus: Beginning cash balance Ending cash balance 18,500
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