Question

In 2018, Webb Sports Shop had cash flows from investing activities of $2,727,000 and cash flows...

In 2018, Webb Sports Shop had cash flows from investing activities of $2,727,000 and cash flows from financing activities of $3,619,000. The balance in the firm’s cash account was $1,110,000 at the beginning of 2018 and $1,201,000 at the end of the year. Calculate Webb Sports Shop’s cash flow from operations for 2018.

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Answer #1

where,

CFO = Cash flow from operating activites

CFI = Cash flow from investint activities

CFF = Cash flow from financing activities

Thus,

or we can say,

Cash used by operations for 2018 is $6,255,000

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