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Trinity Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2018: The beginning balance in
Trinity Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2018: The beginning balance in the Cash account was $2900. Net cash provided by operating activities: $40,000 Net cash used for investing activities: $(25,500) Net cash provided by financing activities: $1700 What will the statement of cash flows will show ? A) ending cash of $16,200 B) net cash provided by operating activities $42,900 C) net cash provided by investing and financing activities $(23,800) D) ending cash of $19,100
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