Multiple Choice
What is the change in cash for a firm with the following: $10,000 cash flow from operations,$1,600 cash used for new investment,a reduction in the level of debt of $2,000,$1,000 in cash dividends,and $200 in depreciation expense?
A) $5,600
B) $9,600
C) $9,400
D) $5,400
Correct Answer:
Verified
Correct Answer:
Verified
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