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During 2019,Rock Company's Cash Balance Increased from $57,000 to $94,300

Question 124

Essay

During 2019,Rock Company's cash balance increased from $57,000 to $94,300.Rock's net cash flow from operating activities was $26,900 and its net cash flow from financing activities was $13,700.
Calculate Rock's net cash flow from investing activities.

Correct Answer:

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The change in cash = $37,300 = the endin...

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