Below is cash flow information for five independent situations. Calculate the answer to each.
1. A company reports operating cash flows of $3,200, investing cash flows of $700, and financing cash flows of -$400. What is the amount of the change in total cash?
2. A company reports operating cash flows of $1,800, investing cash flows of -$400, and financing cash flows of -$1,100. If the beginning cash amount is $500, what is the ending cash amount?
3. A company reports operating cash flows of $700, investing cash flows of $300, and a change in total cash of $100. What is the amount of cash flows from financing activities?
4. A company reports operating cash flows of $600, financing cash flows of $400, and a change in total cash of $100. What is the amount of cash flows from investing activities?
5. A company reports investing cash flows of -$1,400, financing cash flows of $900, and a change in total cash of $200. What is the amount of cash flows from operating activities?
Correct Answer:
Verified
Q56: The role of auditors is to help
Q153: At the beginning of the year (January
Q158: Below is information related to retained earnings
Q159: Use the following information available at the
Q161: Define the four basic assumptions underlying Generally
Q162: During its first five years of operations,
Q163: Below are incomplete financial statements for Beasley,
Q164: Below is balance sheet information for five
Q165: Each of the following independent situations represents
Q174: List and describe the four financial statements
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents