Refer to the below cash flow statement. Cash flows from operating activities Cash collected from customers Cash paid for inventory Net cash from operating activities Cash flows from investing activities Purchase of equipment Net cash from investing activities Cash flows from financing activities Issuance of share capital Repayment of loan Net cash from financing activities $50,000 ($27,500) $22,500 ($10,800) ($10,800) $20,000 ($4,300) $15,700 What is the net change in cash? (Do not include $ or commas, e.g. 12345 or -12345)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Refer to the below cash flow statement.
Cash flows from operating
activities
Cash collected from
customers
Cash paid for
inventory
Net cash from
operating activities
Cash flows from investing
activities
Purchase of
equipment
Net cash from
investing activities
Cash flows from financing
activities
Issuance of share
capital
Repayment of loan
Net cash from
financing activities
$50,000
($27,500)
$22,500
($10,800)
($10,800)
$20,000
($4,300)
$15,700
What is the net change cash?
(Do not include $ or commas, e.g. 12345 or -12345)
Transcribed Image Text:Refer to the below cash flow statement. Cash flows from operating activities Cash collected from customers Cash paid for inventory Net cash from operating activities Cash flows from investing activities Purchase of equipment Net cash from investing activities Cash flows from financing activities Issuance of share capital Repayment of loan Net cash from financing activities $50,000 ($27,500) $22,500 ($10,800) ($10,800) $20,000 ($4,300) $15,700 What is the net change cash? (Do not include $ or commas, e.g. 12345 or -12345)
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