rmer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was 7,500; net cash used in investing activities was $13,800 and net cash used in financing activities was $17,700. If the beginning sh balance is $6,900, what is the ending cash balance? Multiple Choice $75,900. $62,100. $40,500.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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11-13)
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was
$37,500; net cash used in investing activities was $13,800 and net cash used in financing activities was $17,700. If the beginning
cash balance is $6,900, what is the ending cash balance?
Multiple Choice
$75,900.
$62,100.
$40,500.
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Transcribed Image Text:11-13) Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $37,500; net cash used in investing activities was $13,800 and net cash used in financing activities was $17,700. If the beginning cash balance is $6,900, what is the ending cash balance? Multiple Choice $75,900. $62,100. $40,500. < Prev 29 of 30 Next >
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