Question
The following information is available for QDC Devices Inc. Use this information to answer the question below: Category 2021 ($) 2022 ($) Accounts payable750800 Accounts
The following information is available for QDC Devices Inc. Use this information to answer the question below:
Category2021 ($)2022 ($)
Accounts payable750800
Accounts receivable700950
Cash100300
COGS600650
Common stock2,5003,900
Depreciation expense1040
Interest expense7090
Inventories1,3001,100
Long-term debt2,0001,700
Net fixed assets5,9507,150
Notes payable200400
General & Adm. expenses80110
Retained earnings2,6002,700
Revenue/Sales1,0001,200
Taxes95120
Calculate the net cash flow from financing activities in 2022.
Group of answer choices
$1,400
$1,010
$1,210
$1,100
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