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If $9,000 Was Generated from Operations (Indirect Method); $3,000 Was

Question 16

Multiple Choice

If $9,000 was generated from operations (indirect method) ; $3,000 was used for investing activities; and $8,000 was generated from financing activities, the cash balance:


A) increased by $8,000.
B) increased by $4,000.
C) increased by $14,000.
D) decreased by $20,000.

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