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Fast-Forward had cash inflows from operations of $62,500; cash outflows from investing activities of $47,000; and cash inflows from financing of $25,000. The net change in cash was:

a) $40,500 increase

b) $40,500 decrease

c) $134,500 decrease

d) $134,000 increase

Accounting Basics, Accounting

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  • Reference No.:- M947509

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