Last Year, Monroe Products Had $25,000 Net Cash Provided by Its

question 67

Multiple Choice

Last year, Monroe Products had $25,000 net cash provided by its operating activities. Its investing activities used $30,000, and its financing activities provided $10,000. Its cash balance at the beginning of the year was $15,000. By how much did Monroe's cash balance increase?

• A)$10,000
• B)$0
• C)$5,000
• D)None of the above

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