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What amount of cash flows from (used in) 1) Operating, 2) Financing, and 3) Investing activities? The Statement of Cash Flows for the current year
What amount of cash flows from (used in) 1) Operating, 2) Financing, and 3) Investing activities?
The Statement of Cash Flows for the current year contained the following: Cash received from customers Cash used for purchase of equipment Cash received for stock issuance Cash used for payments to suppliers & employees Cash dividends paid to stockholders Cash borrowed from bank $ 10,000 40,000 30,000 5,000 1,000 20,000 The change in cash for the current year was an increase of $14,000. What is the amount of cash flows from (used in) financing activities Step by Step Solution
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