The statement of cash flows for a company contained the following: What was the change in cash for the period?

Name: The statement of cash flows for a company contained the following: What was the change in cash for the period?
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Question

The statement of cash flows for a company contained the following:  What was the change in cash for the period?

Quizplus · Accepted Answer

By examining the statement of cash flows, we can see that cash at the beginning of the period was $25,000 and cash at the end of the period was $39,000. Therefore, the change in cash for the period was an increase of $14,000 (i.e. $39,000 - $25,000 = $14,000).

The Statement of Cash Flows for a Company Contained the Following