MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. Year ending December 31 Cash flow from operations Cash flow from investing Cash flow from financing Net change in cash Cash, beginning of year Cash, end of year Profit for the year 2021 -56,000| 20,000 -10,000 -46,000 197,000 151,000 (55,000) 2020 -30,000| 15,000 20,000 5,000| 192,000 197,000 (25,000) 2019 40,000 -5,000 25,000 60,000 132,000 192,000 35,000 The next five questions relate to the cash flow statements below. The rest of the questions in this section of the exam are independent.

MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. Year ending December 31 Cash flow from operations Cash flow from investing Cash flow from financing Net change in cash Cash, beginning of year Cash, end of year Profit for the year 2021 -56,000| 20,000 -10,000 -46,000 197,000 151,000 (55,000) 2020 -30,000| 15,000 20,000 5,000| 192,000 197,000 (25,000) 2019 40,000 -5,000 25,000 60,000 132,000 192,000 35,000 The next five questions relate to the cash flow statements below. The rest of the questions in this section of the exam are independent.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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