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Robin Hood's Statement of Cash Flows Contained the Following: Cash

Question 35

Multiple Choice

Robin Hood's statement of cash flows contained the following: Cash flows from operating activities in the amount of $34,800
Cash flows from investing activities in the amount of $36,000
Cash flows from (used by) financing activities in the amount of ($54,000)
What was Robin Hood's change in cash for the period?


A) $16,800 increase
B) $18,000 increase
C) $16,800 decrease
D) $18,000 decrease

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