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Marina Corp What Was the Net Cash Flow from Operating Activities for

Question 49

Multiple Choice

Marina Corp.books revealed the following for the current year:  Increase in inventory $7,000 Amortization expense 24,000 Decrease in accounts payable 3,000 Decrease in accounts receivable 9,000 Dividends paid 2,000 Net loss 25,000\begin{array} { l r } \text { Increase in inventory } & \$ 7,000 \\\text { Amortization expense } & 24,000 \\\text { Decrease in accounts payable } & 3,000 \\\text { Decrease in accounts receivable } & 9,000 \\\text { Dividends paid } & 2,000 \\\text { Net loss } & 25,000\end{array}
What was the net cash flow from operating activities for the year?


A) Cash provided $8,000
B) Cash provided $0
C) Cash used $2,000
D) Cash used $4,000

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