Cash balance at the beginning of the period $310,000 Net cash flows from operating activities 185,000 Net cash flows used for investing activities (43,000) Net cash flows used for financing activities (97,000) The cash balance at the end of the period is

Cash balance at the beginning of the period $310,000 Net cash flows from operating activities 185,000 Net cash flows used for investing activities (43,000) Net cash flows used for financing activities (97,000) The cash balance at the end of the period is

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 8E: Reporting changes in equipment on statement of cash flows An analysis of the general ledger accounts...

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Question

100%

The current period statement of cash flows includes the following:
Cash balance at the beginning of the period
$310,000
Net cash flows from operating activities
185,000
Net cash flows used for investing activities
(43,000)
Net cash flows used for financing activities
(97,000)
The cash balance at the end of the period is
Oa. $125,000
Ob. $355,000
Oc. $45,000
Od. $635,000

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