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Calculate the change in cash

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Question: Change in Cash Blaylock Company provided the following information:

                   Blaylock Company
              Comparative Balance Sheets
            At December 31, 2011 and 2012

                    2012              2011

Cash          $565,000        $350,000

Required: 1. Calculate the change in cash.

2. Explain the role of the change in cash flow in the statement of cash flows.

Reference no: EM131697848

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