In 2023, Wilson Athletic Equipment had cash flows from investing activities of -$3,250,000 and cash flows from financing activities of -$4,800,000. The balance in the firm's cash account was $2,100,000 at the beginning of 2023 and $2,350,000 at the end of the year. Calculate Wilson Athletic Equipment's cash flow from operations for 2023.
In 2023, Wilson Athletic Equipment had cash flows from investing activities of -$3,250,000 and cash flows from financing activities of -$4,800,000. The balance in the firm's cash account was $2,100,000 at the beginning of 2023 and $2,350,000 at the end of the year. Calculate Wilson Athletic Equipment's cash flow from operations for 2023.
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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Transcribed Image Text:In 2023, Wilson Athletic Equipment had cash flows from investing
activities of -$3,250,000 and cash flows from financing activities of
-$4,800,000. The balance in the firm's cash account was $2,100,000
at the beginning of 2023 and $2,350,000 at the end of the year.
Calculate Wilson Athletic Equipment's cash flow from operations
for 2023.
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