In 2021, Usher Sports Shop had cash flows from investing activities of −$4,384,000 and cash flows from financing activities of −$5,890,000. The balance in the firm’s cash account was $1,617,000 at the beginning of 2021 and $1,746,000 at year-end. Calculate Usher Sports Shop’s cash flow from operations for 2021. Cash flow from operations: _____

In 2021, Usher Sports Shop had cash flows from investing activities of −$4,384,000 and cash flows from financing activities of −$5,890,000. The balance in the firm’s cash account was $1,617,000 at the beginning of 2021 and $1,746,000 at year-end. Calculate Usher Sports Shop’s cash flow from operations for 2021. Cash flow from operations: _____

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 32BE

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