On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of $45,800. During the Year 1 accounting period, the company had (1) net cash inflow from operating activities of $24,800, (2) net cash outflow for investing activities of $16,000, and (3) net cash outflow from financing activities of $6,800. Required a. Prepare a statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.)
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On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of $45,800. Duri...
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