Stojko corporation had a net decrease in cash of 12500 for


Question - Stojko Corporation had a net decrease in cash of $12,500 for the current year. Net cash used in investing activities was $54,500 and net cash used in financing activities was $40,500. What amount of cash was provided (used) in operating activities?

A) 82,500 provided

B) (82,500) used

C) (12,500) used

D) 107,500 provided

E) (107,500) used

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Accounting Basics: Stojko corporation had a net decrease in cash of 12500 for
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