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teyodani teyodani
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Furis Corporation's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account decreased by $12,000 and its marketable securities account increased by $19,000. Net cash provided by (used in) operating activities was $18,000. Net cash provided by (used in) financing activities was $(12,000). Based on this information, the net cash provided by (used in) investing activities on the statement of cash flows was:

▸ $(12,000)

▸ $1,000

▸ $(6,000)

▸ $6,000
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Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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JehanzaibJehanzaib
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