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Riley Company borrowed $ 5 2 , 0 0 0 on April 1 , Year 1 from Titan Bank. The note issued by Riley carried
Riley Company borrowed $ on April Year from Titan Bank. The note issued by Riley carried a oneyear term and a annual interest rate. Riley earned cash revenues of $ during Year and $ during Year Assume no other transactions.
Based on this information alone, what amount of cash flow from operating activities would appear on the Year statement of cash flows?
Multiple Choice
$ inflow.
$ inflow.
$ outflow.
$ outflow.
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