Grdingcompanys cash and cash equivalents consist of cash, Ask an Expert

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Grdingcompany's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account decreased by $16,000 and is marketable securities account increased by $22,00. Cash provided by operating activities was $24,000. Based on this information, was the net cash flow from investing activities on the statment of cash flows a net increase or decrease and by how much?

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Category:- Accounting Basics
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