185. Presented below are items from Joplin Shoes statement of cash flows for 2014. Cash flows provided by operating activities $ 75,000 Cash flows provided by financing activities 115,000 Cash at the beginning of the year 60,000 Cash flows used by investing activities (100,000) A) Determine whether Joplin Shoes' cash increased or decreased during the year. B) How much cash does Joplin Shoes have at the end of 2014? C) What is the purpose of the statement of cash flows? | |
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