A cash flow statement shows $13,000 from operations, ($9,000) from investing, and $21,000 from financing. The cash balance must have increased or decreased by:

Name: A cash flow statement shows $13,000 from operations, ($9,000) from investing, and $21,000 from financing. The cash balance must have increased or decreased by:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cash balance increased by $25,000, calculated by adding cash flows from operations ($13,000), investing (-$9,000), and financing ($21,000).

A Cash Flow Statement Shows $13,000 from Operations, ($9,000) from Investing