Question

The current period statement of cash flows includes the following: Cash balance at the beginning of...

The current period statement of cash flows includes the following:

Cash balance at the beginning of the period

$295,000

Net cash flow from operating activities

192,000

Net cash flow used for investing activities

37,000

Net cash flow used for financing activities

104,000

The cash balance at the end of the period is

Homework Answers

Answer #1
Net cash flow from operating activities $192,000
Net cash flow used for investing activities ( $37,000 )
Net cash flow used for financing activities ( $104,000 )
Net increase in cash $51,000
(+) Cash balance at the beginning of the period $295,000
The cash balance at the end of the period $346,000

Note: Cash flow used for investing and financing activity means that the business has a negative net cash flow from those activites. Hence, for those activities amounts are shown as a negative figure in the calculation.

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