The current period statement of cash flows includes the following: Cash balance at the beginning of the period $492,099 Net cash flows from operating activities 181,912 Net cash flows used for investing activities (51,106) Net cash flows used for financing activities (100,054) The cash balance at the end of the period is a.$340,939 b.$825,171 c.$573,957 d.$522,851
The current period statement of cash flows includes the following: Cash balance at the beginning of the period $492,099 Net cash flows from operating activities 181,912 Net cash flows used for investing activities (51,106) Net cash flows used for financing activities (100,054) The cash balance at the end of the period is a.$340,939 b.$825,171 c.$573,957 d.$522,851
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 55PSB: Preparing a Statement of Cash Flows Volusia Company reported the following comparative balance...
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The current period statement of cash flows includes the following:
Cash balance at the beginning of the period | $492,099 |
Net cash flows from operating activities | 181,912 |
Net cash flows used for investing activities | (51,106) |
Net cash flows used for financing activities | (100,054) |
The cash balance at the end of the period is
a.$340,939
b.$825,171
c.$573,957
d.$522,851
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