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Determine the cash balance at the end of the period is

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Reference no: EM132985646

The current period statement of cash flows includes the following:

Cash balance at the beginning of the period$310,000

Net cash flows from operating activities185,000

Net cash flows used for investing activities(43,000)

Net cash flows used for financing activities(97,000)

Problem 1: The cash balance at the end of the period is

a.$635,000

b.$355,000

c.$125,000

d.$45,000

Reference no: EM132985646

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