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?
| Financial Data | 2,018 |
| Net cash provided by operating activities | 4,27,000 |
| Net cash used in investing activities | -97,000 |
| Net cash provided by financing activities | -2,14,000 |
| The net increase in cash and marketable securities for 2018 | 1,16,000 |
Hence, the correct answer is $ 116,000
The balance at the end of 2018 = net increase in cash and marketable securities for 2018 + cash and marketable securities balance at the beginning of the year
= $ 116,000 + $ 50,000
= $ 166,000
Hence, the correct answer is $ 166,000
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