When the cash flows from operating,investing,and financing activities are combined to give net cash flow for the period,a net decrease in cash is subtracted from the beginning cash to calculate the ending cash balance.
BT: Comprehension

Question

Quizplus · Accepted Answer

This statement is true. The net decrease in cash is subtracted from the beginning cash balance to calculate the ending cash balance.

When the Cash Flows from Operating,investing,and Financing Activities Are Combined