Last year Burch Corporation's cash account decreased by $27,000. Net cash provided by investing activities was $8,200. Net cash used in financing activities was $23,000. On the statement of cash flows, the net cash flow provided by (used in) operating activities was: A. $(27,000) B. $(41,800) C. $(12,200) D. $14,800

Last year Burch Corporation's cash account decreased by $27,000. Net cash provided by investing activities was $8,200. Net cash used in financing activities was $23,000. On the statement of cash flows, the net cash flow provided by (used in) operating activities was: A. $(27,000) B. $(41,800) C. $(12,200) D. $14,800

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 5RE: In the current year, Harrisburg Corporation had net income of 35,000, a 9,000 decrease in accounts...

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General accounting
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Last year Burch Corporation's cash account decreased by $21,000. Net cash provided by (used in) investing activities was $7,600. Net cash provided by (used in) financing activities was $(19,000). On the statement of cash flows, the net cash provided by (used in) operating activities was: Multiple Choice $(32,400) $11,400 $(21,000) $(9,600)
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Provide answer general accounting
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