Question:In 2007, XYZ Company had a net loss of $160,000 and reported the following:

Dividends paid: $40,000
Depreciation expense: $30,000
Increase in accounts payable: $15,000
Issuance of stock: $100,000
Retirement of debt: $50,000

Given this data, the net change in cash for 2007 was ______________. 

A ($105,000) 
B $10,000 
C $215,000 
D ($165,000) 

+ Answer
A 

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Md. Habib Ullah

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