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Red Ox Corporation's net income for the year ended December 31, 20X4, was $128,000. Red Ox has elected to report any interest paid as operating activities and any dividends paid as financing activities. Additional data for the 20X4 fiscal year is as follows:
Problem 1: What are Red Ox's net cash inflows from financing activities for the 20X4 fiscal year?
a) $ 94,000 b) $107,000 c) $110,000 d) $136,000
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Your friend, Wendy Geiger, owns a small retail store that sells candies and nuts. Geiger acquires her goods from a few select vendors.
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the insurance proceeds and other funds were used to purchase a replacement warehouse
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