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What is the cash balance at the end of the current year

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Question - Oakwood Company provided the following data for the current year:

Cash balance, beginning of year $1,300,000

Cash flow from financing activities 1,000,000

Total shareholders' equity, end of year 2,300,000

Cash flow from operating activities 400,000

Cash flow from investing activities -1,500,000

Total shareholders' equity, beginning of year 2,000,000

Required - What is the cash balance at the end of the current year?

Reference no: EM133088433

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