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The following information is taken from a company financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of common
The following information is taken from a company financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of common stock Payment of cash dividends Purchase of equipment $33,000 $10,000 $ 16,000 $18,000 $48,000 $6,000 $35,000 Using the information above, what is net cash flows from financing activities? A. $42,000 B. $48,000 ($42,000) . ($6,000) OD
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