(Solution) - Befuddled Corporation collected the following information on inflows and outflows -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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Befuddled Corporation collected the following information on inflows and outflows for 2011:

Befuddled had a cash balance of $89.200 on 1/1/11.

Required:
1. Prepare a statement of cash flows, using the direct method to determine net cash flow from operating activities.
2. What can you conclude by examining the patterns in Befuddled?s cash flows?