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Presented Below Are Items from Joplin Shoes Statement of Cash

Question 373

Essay

Presented below are items from Joplin Shoes statement of cash flows for 2014.
Presented below are items from Joplin Shoes statement of cash flows for 2014. A Determine whether Joplin Shoes' cash increased or decreased during the year. B How much cash does Joplin Shoes have at the end of 2014? C What is the purpose of the statement of cash flows? A Determine whether Joplin Shoes' cash increased or decreased during the year.
B How much cash does Joplin Shoes have at the end of 2014?
C What is the purpose of the statement of cash flows?

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A $90,000 increase
$75,000 Cash flows pr...

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