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The cash balance at the beginning of the year is $5,000. Over the year the cash from operations was $10,000 and and the cash from/to
The cash balance at the beginning of the year is $5,000. Over the year the cash from operations was $10,000 and and the cash from/to financing was zero. If the cash balance at the end of the year was $6,000 what was the amount of expenditures (cash outflow) on gross fixed assets?
$16,000
$8,000
$6,000
$4,000
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