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If Cash from Operating Activities Was $48,000,cash Used for Investing

Question 21

Multiple Choice

If cash from operating activities was $48,000,cash used for investing activities was ($88,000) and the net change in cash was $96,000,what was cash from/used for financing activities?


A) ($144,000)
B) $48,000
C) $136,000
D) $96,000

Correct Answer:

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