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Calculate the net increase or decrease in the cash balance

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Reference no: EM132971216

Starr Inc.'s financial statements show the following information:

Net cash flows from operating activities $ 3,300

Net cash flows used for investing activities 13,000

Net cash flows from financing activities 13,700

Ending cash balance as per the balance sheet 20,800

Problem 1: Calculate the net increase or decrease in the cash balance for Starr.

a. An increase of $4,000

b. A decrease of $4,000

c. An increase of $16,800

d. A decrease of $16,800

Reference no: EM132971216

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