Calculate the net increase or decrease in the cash balance using the following information. Cash...
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Accounting
Calculate the net increase or decrease in the cash balance using the following information.
Cash flows from operating activities during the year $3,500 Cash flows used in investing activities during the year $11,000 Cash flows from financing activities during the year $14,250 Ending cash balance as per the balance sheet $25,000
a. A decrease of $18,250 b. An increase of $6,750 c. An increase of $18,250 d. A decrease of $6,750
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