Question
STATEMENT OF CASH FLOWS W.C. Cycling had $60,000 in cash at year-end 2013 and $35,000 in cash at year-end 2014. The firm invested in property,
STATEMENT OF CASH FLOWS W.C. Cycling had $60,000 in cash at year-end 2013 and $35,000 in cash at year-end 2014. The firm invested in property, plant, and equipment totaling $255,000. Cash flow from financing activities totaled +$190,000.
What was the cash flow from operating activities?
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Financial Accounting A Global Perspective
Authors: Robert Libby, Patricia Libby, Daniel G Short
5th Edition
0071107746, 978-0071107747
