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  3. assume the following excerpts from a company's bal

Assume the following excerpts from a company's balance sheet: Bonds payable Common stock Retained earnings...

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Accounting

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Assume the following excerpts from a company's balance sheet: Bonds payable Common stock Retained earnings Beginning Balance $500,000 $900,000 $375,000 Ending Balance $600,000 $900,000 $456,000 During the year, the company did not retire any bonds or issue or repurchase any common stock. If the company is income for the year was $110,000, then its net cash provided by (used in) financing activities would be

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