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Question - Trend Micro shows the following amounts in its cash flow statement for the year ended December 31, 2021.
Net cash used in operating activities 1,000,000
Net cash used in investing activities 4,000,000
Net cash provided by financing activities 3,500,000
Cash and cash equivalents, January 1 6,000,000
What would be the balance of cash and cash equivalents at December 31, 2021?
a. 7,500,000
b. 5,500,000
c. 4,500,000
d. 6,500,000
Components of Deferred Tax Assets and LiabilitiesThe components of deferred tax assets and liabilities at December 31 were as follows (in millions):
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