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Statement of Cash Flows Crispy Corporation Has Net Cash Flow

question 37

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Statement of Cash Flows Crispy Corporation has net cash flow from financing activities for the last year of $20 million.The company paid $5 million in dividends last year.During the year,the change in notes payable on the balance sheet was an increase of $2 million,and change in common and preferred stock was an increase of $3 million.The end of year balance for long-term debt was $45 million.What was their beginning of year balance for long-term debt?


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Highly Competitive

A market structure characterized by a large number of small firms, free entry and exit, and a high level of competition where no single firm can significantly influence market prices.

Simple Indicator

A quantitative measure that can be used to gauge or describe the performance or status of a particular phenomenon.

Sellers

Individuals or entities that offer goods or services for sale to buyers in the market.

Perfect Competition

A market structure characterized by a large number of small firms, identical products, and free entry and exit which leads to firms selling at the market price.

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