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Unformatted text preview: 1,800 Net cash flow from operating activities $72,200 Cash flows from investing activities: Cash received from sale of investments $45,000 Cash paid for purchase of land $145,000 Cash paid for purchase of equipment 39,500 184,500 Net cash flow used for investing activities (139,500) Cash flows from financing activities: Cash received from sale of common stock $126,000 Cash paid for dividends 47,500 Net cash flow provided by financing activities 78,500 Increase in cash $11,200 Cash at the beginning of the year 23,500 Cash at the end of the year $34,700...
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This note was uploaded on 08/05/2008 for the course AC 116 taught by Professor Hill during the Spring '08 term at Kaplan University.
- Spring '08