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Statement of Cash Flows In 2013, Lower Case Productions had cash flows from investing activities of +$50,000 and cash flows from financing activities of +$100,000.
- Statement of Cash Flows In 2013, Lower Case Productions had cash flows from investing activities of +$50,000 and cash flows from financing activities of +$100,000. The balance in the firm's cash account was $80,000 at the beginning of 2013 and $65,000 at the end of the year. What was Lower Case's cash flow from operations for 2013?
-$15,000
-$150,000
-$165,000
-$65,000
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Solution A cash flow statement in an equation form can be represented as follows Cash ac...
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
