Question

Compute the ending cash balance if the beginning balance was $52,000 and the SCF shows the...

Compute the ending cash balance if the beginning balance was $52,000 and the SCF shows the following:

Cash used by operating activities $14,000

Cash used by investing activities 22,000

Cash provided by financing activities 30,000

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

In case of any doubt please comment below.

Thank you. Please upvote it......

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
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? $?
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
Which of the following is true about the Statement of Cash Flows (SCF)? Group of answer...
Which of the following is true about the Statement of Cash Flows (SCF)? Group of answer choices a.The SCF is more subject to manipulation than the income statement. b.Cash flow from financing activities is considered to be the most important part of the SCF. c.Classification rules prevent manipulation of cash flows from operating activities on the SCF. d.Flexibility in applying classification rules on the SCF allows companies in the same industry to give vastly different perspectives.
The comparative balance sheets of Montgomery, Inc. at the beginning and the end of the year...
The comparative balance sheets of Montgomery, Inc. at the beginning and the end of the year 2020 are as follows. Net income of $47,200 was reported, and dividends of $27,680 were paid in 2020. New equipment was purchased and none was sold. Prepare a statement of cash flows in order to provide the following information: 1. Net cash provided by operating activities 2. Cash flows related to investing activities 3. Net cash from/used by financing activities 4. Cash at the...
For the below questions 15 through 19, find the missing amounts. Consider each column independently. (Enter...
For the below questions 15 through 19, find the missing amounts. Consider each column independently. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Cash provided by operating activities $ 9,000 16._____ $ 1,000 Cash provided by investing activities 15._____ (10,000) 18._____ Cash provided by financing activities 11,000 5,000 (25,000) Total change in cash $ 22,000 $ (9,000) $ (16,000) Cash balance, beginning 45,000 17._____ 30,000 Cash balance, ending $ 67,000 $...
If beginning cash equaled $10,000 and ending cash equals $19,000, which is true? A. Operating cash...
If beginning cash equaled $10,000 and ending cash equals $19,000, which is true? A. Operating cash flow 9,000; Investing cash flow (3,500); Financing cash flow (2,500) B. Operating cash flow 4,500; Investing cash flow 9,000; Financing cash flow (4,500) C. Operating cash flow 2,000; Investing cash flow (13,000); Financing cash flow 2,000 D. none of the above
Last year Burch Corporation's cash account decreased by $16,000. Net cash provided by (used in) investing...
Last year Burch Corporation's cash account decreased by $16,000. Net cash provided by (used in) investing activities was $7,100. Net cash provided by (used in) financing activities was $(14,000). On the statement of cash flows, the net cash provided by (used in) operating activities was: A) $(9,100) B) $(16,000) C) $(22,900) D) $6,900
A Spanish subsidiary of a U.S. parent reports the following information on its statement of cash...
A Spanish subsidiary of a U.S. parent reports the following information on its statement of cash flows: • Beginning cash balance, €10,000 • Cash from operating activities, €500,000 • Cash used for investing activities, €650,000 • Cash from financing activities, €160,000 • Beginning rate, €1.24; average rate, €1.26; ending rate, €1.30 • Operating, investing, and financing cash flows were incurred evenly over the year. What is the effect of exchange rate changes on cash? A. $1,000 gain B. $1,000 loss...
A firm reports the following information from their financials for 2018: Financial Data 2018 Net cash...
A firm reports the following information from their financials for 2018: Financial Data 2018 Net cash provided by operating activities $427,000.00 Net cash used in investing activities -$97,000.00 Net cash provided by financing activities -$214,000.00 What is the net increase in cash and marketable securities for 2018? If the cash and marketable securities balance was $50,000 at the beginning of the year, what is the balance at the end of 2018?
Answer to Part A. Net cash provided by Operating Activities = Cash received from Customer –...
Answer to Part A. Net cash provided by Operating Activities = Cash received from Customer – Cash paid to Suppliers and Employees – Interest Paid – Taxes Paid $72,074 = $3,701,327 - Cash paid to Suppliers and Employees - $28,134 - $42,046 Cash paid to Suppliers and Employees = $3,559,073 Answer to Part B. Net Cash used in Investing Activities = Purchase of Equipment Net Cash used in Investing Activities = -$4,272 Answer to Part C. Net cash used in...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT