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    Fundamentals of Financial Accounting Study Set 5
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    Exam 12: Reporting and Interpreting the Statement of Cash Flows
  5. Question
    A Company's Income Statement for the Year Shows a Net
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A Company's Income Statement for the Year Shows a Net

Question 90

Question 90

Multiple Choice

A company's income statement for the year shows a net loss of $90,000. Additional information for the year follows: A company's income statement for the year shows a net loss of $90,000. Additional information for the year follows:   What is the net cash flows from operating activities? A)  ($99,000)  B)  $27,000 C)  $13,000 D)  ($45,000) What is the net cash flows from operating activities?


A) ($99,000)
B) $27,000
C) $13,000
D) ($45,000)

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