Net cash provided by the company financing activities

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Reference no: EM132071651

At the beginning of the year, Gonzales Corporation had $100,000 in cash. During the year, the company undertook a major expansion. From the statement of cash flows, operating activities generated $320,000 of cash, while investing activities required cash expenditures of $800,000. At the end of the year, the company’s cash position was $40,000. What was the net cash provided by the company’s financing activities?

Reference no: EM132071651

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