Question
Stojko Corporation had a net decrease in cash of $11,500 for the current year. Net cash used in investing activities was $53,500 and net cash
| Stojko Corporation had a net decrease in cash of $11,500 for the current year. Net cash used in investing activities was $53,500 and net cash used in financing activities was $39,500. What amount of cash was provided (used) in operating activities? |
1. $(104,500) used.
2. $(81,500) used.
3. $104,500 provided.
4. $81,500 provided.
5. $(11,500) used.
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Auditing A Practical Approach with Data Analytics
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
1st edition
1119401747, 978-1119401742
