Statement of Cash Flows In 2010, Lower Case Productions had cash flows from investing activities of +$50,000 and cash flows from financing activities of +$100,000. The balance in the firm's cash account was $80,000 at the beginning of 2010 and $65,000 at the end of the year. What was Lower Case's cash flow from operations for 2010?
A) $-15,000
B) $-150,000
C) $-165,000
D) $65,000

Question

Quizplus · Accepted Answer

The change in cash is $65,000 - $80,000 = -$15,000. Cash flow from operations can be calculated as: Cash flow from operations = Change in cash - Cash flow from investing - Cash flow from financing = -$15,000 - $50,000 - $100,000 = -$165,000.

Statement of Cash Flows in 2010, Lower Case Productions Had