Question

Jackson company had a net increase in cash from operating activities of $9100 and a net...

Jackson company had a net increase in cash from operating activities of $9100 and a net decrease in cash from financing activities of $2650. if the beginning and ending cash balances for company were $4100 and $13200 then net cash change from investing activities was

Homework Answers

Answer #1

Cash Flow from Operating activities = $9,100

Cash Flow from financing activities = - $2,650 (' - ' indicates decrease in cash)

Beginning cash balance = $4,100

Ending Cash balance = $13,200

Cash Flow from investing activities = Ending Cash balance - [Cash Flow from Operating activities + Cash Flow from financing activities + Beginning cash balance]

Cash Flow from investing activities = $13,200 - [$9,100 - $2,650 + $4,100]

Cash Flow from investing activities = $13,200 - $10,550

Cash Flow from investing activities = $2,650.

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