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Last Year, Monroe Bro Products Had $25,000 Net Cash Provided

Question 99

Multiple Choice

Last year, Monroe Bro Products had $25,000 net cash provided by its operating activities.Its investing activities used $30,000, and its financing activities provided $10,000.Its cash and cash equivalents balance at the beginning of the year was $15,000.By how much did Monroe's cash and cash equivalents increase?


A) -$10,000
B) $0
C) $5,000
D) $15,000

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