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The Cash balance on the Balance sheet of Moneybags Inc. went from $10,000 to $15,000. On the company's Statement of Cash Flow are the following
The Cash balance on the Balance sheet of Moneybags Inc. went from $10,000 to $15,000. On the company's Statement of Cash Flow are the following amounts:
- Cash Flow from Operating Activities: $3,000
- Cash Flow from Investing Activities: ($4,000) (i.e. negative amount)
What is the amount of Cash Flow from Financing Activities?
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Essentials Of Corporate Financial Management
Authors: Glen Arnold
1st Edition
1405847042, 978-1405847049
