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Delaware Coatings Company Uses the Indirect Method to Prepare Its

Question 94

Multiple Choice

Delaware Coatings Company uses the indirect method to prepare its statement of cash flows.Refer to the following information for the year 2019: Net cash provided by operating activities: $44,000
Net cash used for investing activities: $(27,000)
Net cash provided by financing activities: $2000
What is the net change in cash during the year?


A) $(19,000)
B) $42,000
C) $19,000
D) $(17,000)

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