The following are facts about a company's activities: Cash flows from operating activities was $33,000. Cash flows from investing activities was $61,000. Cash flows used for financing activities was ($15,000). Cash at the beginning of the year was $47,000. Based on these facts, what was the cash balance at the end of the year.

The following are facts about a company's activities: Cash flows from operating activities was $33,000. Cash flows from investing activities was $61,000. Cash flows used for financing activities was ($15,000). Cash at the beginning of the year was $47,000. Based on these facts, what was the cash balance at the end of the year.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 6RE: Tifton Co. had the following cash transactions during the current year: Prepare the investing...

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