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Bali Company Had Reported the Following Items If Cash and Cash Equivalents at the Beginning of the from operations

Question 69

Multiple Choice

Bali Company had reported the following items:  Cash from operations $60,000 Cash for investing activities 250,000 Cash from financing activities 175,000\begin{array}{ll}\text { Cash from operations } & \$ 60,000 \\\text { Cash for investing activities } & 250,000 \\\text { Cash from financing activities } & 175,000\end{array}
If cash and cash equivalents at the beginning of the year were $18,500, the ending cash and cash equivalents are closest to:


A) $15,000)
B) $ 3,500
C) $153,500
D) $360,000

Correct Answer:

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