Question
Zippy had cash inflows from operations $78,500; cash outflows from investing activities of $63,000; and cash inflows from financing of $41,000. The net change in
Zippy had cash inflows from operations $78,500; cash outflows from investing activities of $63,000; and cash inflows from financing of $41,000. The net change in cash was:
a)$25,500 decrease.
b)$182,500 increase.c)$56,500 decrease.d)$56,500 increase.e)$182,500 decrease.Step by Step Solution
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
