If the cash balance on 31/12/2019 was $ 10000, while on 31/12/2020 the net cash flow from operating activities was $ 13000, and net cash flow from investment activities was $ (11000), and the net cash flow from financing activities was $ 7000. Based on these information, the cash balance on 31/12/2020 is: Select one: O a. 59000 O b. 53000 c. 19000 O d. 20000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If the cash balance on 31/12/2019 was $ 10000, while
on 31/12/2020 the net cash flow from operating
activities was $ 13000, and net cash flow from
investment activities was $ (11000), and the net cash
flow from financing activities was $ 7000. Based on
these information, the cash balance on 31/12/2020 is:
Select one:
O a. 59000
O b. 53000
O c. 19000
O d. 20000
Transcribed Image Text:If the cash balance on 31/12/2019 was $ 10000, while on 31/12/2020 the net cash flow from operating activities was $ 13000, and net cash flow from investment activities was $ (11000), and the net cash flow from financing activities was $ 7000. Based on these information, the cash balance on 31/12/2020 is: Select one: O a. 59000 O b. 53000 O c. 19000 O d. 20000
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