if the beginning cash balance is $5,000, the net cash inflow from operating activities is $20,000, net cash outflow from investing activities is $ (15,000) and net inflows from financing activities is $25,000. the cash balance at the end of the year is O a. $65,000 O b. $30,000 O c. $60,000 O d. $ 35,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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if the beginning cash balance is $5,000, the net cash inflow from operating activities is $20,000, net cash outflow from investing activities is $
(15,000) and net inflows from financing activities is $25,000. the cash balance at the end of the year is
O a. $65,000
O b. $30,000
O c. $60,000
O d. $ 35,000
Transcribed Image Text:if the beginning cash balance is $5,000, the net cash inflow from operating activities is $20,000, net cash outflow from investing activities is $ (15,000) and net inflows from financing activities is $25,000. the cash balance at the end of the year is O a. $65,000 O b. $30,000 O c. $60,000 O d. $ 35,000
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