Essay
The following information is given for Sunny Corporation:
The indirect method is used.The beginning Cash balance is $23,000.
Required:
Answer the following questions with the information provided above.
a)The cash flow from operating activities is ________.
b)The cash flow from investing activities is ________.
c)The cash flow from financing activities is ________.
d)The net change in cash is ________.
e)The ending balance of cash is ________.
Correct Answer:

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a)$45,000 + $8,000 + $3,000 - ...View Answer
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