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22 December, 06:05

During 2016, Rock Company's cash balance increased from $79,000 to $91,300. Rock's net cash flow from operating activities was $37,300 and its net cash flow from financing activities was $11,100. How much was Rock's net cash flow from investing activities?

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  1. 22 December, 09:32
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    Rock's net cash flow from investing activities was - $36,100

    Explanation:

    The amount of cash increased during 2016:

    $91,300 - $79,000 = $12,300

    Cash increased during 2016 = Net cash flow from operating activities + Net cash flow from financing activities + Net cash flow from investing activities

    Net cash flow from investing activities = Cash increased during 2016 - (Net cash flow from operating activities + Net cash flow from financing activities) = $12,300 - ($37,300 + $11,100) = - $36,100
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Home » Business » During 2016, Rock Company's cash balance increased from $79,000 to $91,300. Rock's net cash flow from operating activities was $37,300 and its net cash flow from financing activities was $11,100.
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