Merry Maids Company Merry Maids Company Began 2019 with a Cash and Cash

question 179

Essay

Merry Maids Company
Merry Maids Company began 2019 with a cash and cash equivalents balance of $7,670. Consolidated statements of cash flows for the years ended December 31, 2020 and 2019, are presented below:
-Refer to Merry Maids Company. Give some examples of circumstances that would result in net cash used by investing activities as shown above.

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Definitions:

Precise Gripping

The act of seizing or holding firmly with accuracy.

Crocodilians

Large aquatic reptiles that include crocodiles, alligators, caimans, and the gharial, known for their tough skin, sharp teeth, and strong jaws.

Reptile Group

A category of ectothermic, vertebrate animals primarily characterized by their ability to lay eggs on land and having scales or scutes.

Birds

A group of endothermic vertebrates characterized by feathers, beaks without teeth, laying of hard-shelled eggs, a high metabolic rate, a four-chambered heart, and a strong yet lightweight skeleton.