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Paragraph Г 12 11 1 2 311 41 567 1 ין Styles 8 9 10 11 12 13 14 15 1 17 18 If $12,000 was generated from operations, $6,000 was used for investing activities, and $4,000 was provided by financing activities, the cash balance would: A. increase by $2,000. B. increase by $14,000. C. increase by $10,000. D. decrease by $20,000.

Paragraph Г 12 11 1 2 311 41 567 1 ין Styles 8 9 10 11 12 13 14 15 1 17 18 If $12,000 was generated from operations, $6,000 was used for investing activities, and $4,000 was provided by financing activities, the cash balance would: A. increase by $2,000. B. increase by $14,000. C. increase by $10,000. D. decrease by $20,000.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Paragraph Г 12 11 1 2 311 41 567 1 ין Styles 8 9 10 11 12 13 14 15 1 17 18 If $12,000 was generated from operations, $6,000 was used for investing activities, and $4,000 was provided by financing activities, the cash balance would: A. increase by $2,000. B. increase by $14,000. C. increase by $10,000. D. decrease by $20,000.
Transcribed Image Text:Paragraph Г 12 11 1 2 311 41 567 1 ין Styles 8 9 10 11 12 13 14 15 1 17 18 If $12,000 was generated from operations, $6,000 was used for investing activities, and $4,000 was provided by financing activities, the cash balance would: A. increase by $2,000. B. increase by $14,000. C. increase by $10,000. D. decrease by $20,000.
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