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Keisler Corporation reports: Cash provided by operating activities   $280,000 Cash used by investing activities            110,000 Cash...

Keisler Corporation reports:

  • Cash provided by operating activities   $280,000
  • Cash used by investing activities            110,000
  • Cash provided by financing activities      140,000
  • Beginning cash balance                            90,000

What is Keisler’s ending cash balance? $?

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Answer #1
Cash provided by operating activities              280,000
Cash used by investing activities                     (110,000) (Cash used by means cash outflow hence deducted)
Cash provided by financing activities                 140,000
Beginning cash balance                                          90,000
ending cash balance           400,000
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