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bananas87 bananas87
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4 months ago

Partin Corporation's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account increased by $31,000 and its marketable securities account decreased by $22,000. Net cash provided by (used in) operating activities was $108,000. Net cash provided by (used in) financing activities was $(70,000). Based on this information, the net cash provided by (used in) investing activities on the statement of cash flows was:



▸ $9,000

▸ ($29,000)

▸ $38,000

▸ ($38,000)
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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roman91roman91
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($29,000)
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Anonymous
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#2
2 months ago
Help! The answer is missing an explanation...
Anonymous
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#3
2 months ago
Please see the document that is attached!
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