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Question
Faye is developing a statement of cash flows for Yummy Gummies, a candy company that she owns. She has a net profit of $15,000 and an increase in inventory of $7,500. She took out a line of credit with her bank to finance her business and has decreased accounts receivable by $4,000. She has also invested in equipment for shaping her candy. How will the above information be listed on the cash flow statement?
Answer
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