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The following account balances were drawn from the year - end balance sheets of Carrick Company. Account Title Year 2 Year 1 Note payable $
The following account balances were drawn from the yearend balance sheets of Carrick Company.
Account Title Year Year
Note payable $ $
Common stock
Retained earnings
During Year the Company reported $ of net income. Based on this information alone, the amount of the net cash flow from financing activities is
Multiple Choice
$ outflow.
$ inflow.
$ outflow.
$ inflow.
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