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Exam (elaborations)

Grdingcompanys cash and cash equivalents consist of cash and marke

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Grdingcompany's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account decreased by $16,000 and is marketable securities account increased by $22,00. Cash provided by operating activities was $24,000. Based on this information, was the net cash flow from investing activities on the statment of cash flows a net increase or decrease and by how much? Please show me how you got the answer as I need to show my work. Thank You Solution 24000= $10200 net cash flow from investing activities increase by $10200

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HBO Small Business En Ondernemerschap
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HBO Small Business en Ondernemerschap

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Grdingcompany\'s cash and cash equivalents consist of cash and marketable securities. Last year
the company\'s cash account decreased by $16,000 and is marketable securities account
increased by $22,00. Cash provided by operating activities was $24,000. Based on this
information, was the net cash flow from investing activities on the statment of cash flows a net
increase or decrease and by how much?
Please show me how you got the answer as I need to show my work.
Thank You


Solution
24000+2200-16000= $10200 net cash flow from investing activities increase by
$10200
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  • grdingcompanys cash
  • cash cash
  • cash equivalents
  • equivalents consist
  • consist cash
  • cash marke
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