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13. Chow Company earned $4500 of cash revenue, paid $2500 for cash expenses, and paid a $950 cash dividend to its owners. Whi
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Answer #1

Cash revenue earned = $4,500

Cash expenses paid = $2,500

Net Cash inflow from operating activities = Cash revenue earned - Cash expenses paid

= 4,500 - 2,500

= $2,000

Correct option is (C)

$950 cash paid to owners is a financing activity.

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