The net cash flow provided by operating activities is an inflow of $56,042, the

Question

The net cash flow provided by operating activities is an inflow of $56,042, the net cash flow used in investing activities is $26,331, and the net cash flow used in financing activities is $30,197. If the beginning cash account balance is $13,183, what is the ending cash account balance?

A). $12,697

B). $65,359

C). ($486)

D). $52,176

The net cash flow provided by operating activities is an inflow of $56,042, the net cash flow used in investing activities is $26,331, and the net cash flow used in financing activities is $30,197. If the beginning cash account balance is $13,183, what is the ending cash account balance?

Explanation / Answer

Option A = $ 12697 is correct , the calculation is as below :

Beginning cash account balance = 13183

Add : Inflow from operating activity = 56042

Less : Cash flow used in investing activity = 26331

Less : Cash flow used in financing activity = 30197

Ending Cash account balnce = 12697

Hence Option A is correct

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