Burger Palace Corporation reports a net cash used for investing activities of $3.4 million and a net cash provided by financing activities of $1.6 million. If cash increased by $1.1 million during the year, what was the net cash flow provided from operating activities?
A. $0.7 million
B. $2.9 million
C. $3.9 million
D. $6.1 million
Ans: B. $2.9 million
Business
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A) should be risk-adjusted and risk may vary by period and decision node. B) should be risk-adjusted and risk may not vary by period and decision node. C) should not be risk-adjusted and risk may vary by period and decision node. D) should not be risk-adjusted and risk may not vary by period and decision node.
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A marketable security is an unsecured bank loan whereby the bank agrees to lend a company up to a specific amount of cash, at the discretion of the company
Indicate whether the statement is true or false.
Business