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Zippy Had Cash Inflows from Operations $60,500; Cash Outflows from Investing

Question 48

Multiple Choice

Zippy had cash inflows from operations $60,500; cash outflows from investing activities of $47,000; and cash inflows from financing of $25,000. The net change in cash was:


A) $132,000 increase.
B) $132,500 decrease.
C) $38,500 decrease.
D) $11,500 decrease.
E) $38,500 increase.

Correct Answer:

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