Question

Analysis reveals that a company had a net increase in cash of $20,660 for the current year. Net cash provided by operating activities was $18,600; net cash used in

investing activities was $10.300 and net cash provided by financing activities was $12,360. If the year-end cash balance is $24.900, the beginning cash balance
was
8 00:55:55

Answer 1

$4,240

Step-by-step explanation:

Cash Flow from operating activities cash generated from to day to day activities of the business. All the cash flows needed to operate the business smoothly.

All the cash flows related to the fixed asset is called cash flows from the investing activities. Cash inflows from the sale fixed asset and cash outflows from the purchase of fixed assets are included in it.

Cash flow from financing activities is the cash inflows and outflows related to the fund of the business.

Cash used in means there is net cash outflow in a category of cash flow.

Cash provided by means there is net cash inflow in a category of cash flow.

Year start Cash $4,240

Net Increase in cash $20,660

Year end Cash $24,900