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Calculate the net increase or decrease in cash

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Reference no: EM132478436

Problem 1: Rico's Taqueria had cash inflows from operating activities of $38,000; cash outflows from investing activities of $33,000, and cash outflows from financing activities of $23,000. Calculate the net increase or decrease in cash.

  1. $56,000 decrease.
  2. $94,000 increase.
  3. $18,000 increase.
  4. $18,000 decrease.
  5. $48,000 increase.

Reference no: EM132478436

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