In 2015, Usher Sports Shop had cash flows from investing activities of –$4,374,0

Question

In 2015, Usher Sports Shop had cash flows from investing activities of –$4,374,000 and cash flows from financing activities of –$5,885,000. The balance in the firm’s cash account was $1,616,000 at the beginning of 2015 and $1,744,000 at the end of the year. Calculate Usher Sports Shop’s cash flow from operations for 2015.


In 2015, Usher Sports Shop had cash flows from investing activities of –$4,374,000 and cash flows from financing activities of –$5,885,000. The balance in the firm’s cash account was $1,616,000 at the beginning of 2015 and $1,744,000 at the end of the year. Calculate Usher Sports Shop’s cash flow from operations for 2015.


In 2015, Usher Sports Shop had cash flows from investing activities of –$4,374,000 and cash flows from financing activities of –$5,885,000. The balance in the firm’s cash account was $1,616,000 at the beginning of 2015 and $1,744,000 at the end of the year. Calculate Usher Sports Shop’s cash flow from operations for 2015.
In 2015, Usher Sports Shop had cash flows from investing activities of –$4,374,000 and cash flows from financing activities of –$5,885,000. The balance in the firm’s cash account was $1,616,000 at the beginning of 2015 and $1,744,000 at the end of the year. Calculate Usher Sports Shop’s cash flow from operations for 2015.

Explanation / Answer

Increase/(Decrease) in cash during the year =Ending cash balance - Beginning cash balance

                        = 1744000- 1616000

                         = 128000

Increase In cash = cash flow from operating activity +investing activity + Financing activity

128000 =CFOA - 4374000 - 5885000

128000 + 4374000+5885000 =CFOA

CFOA = 10,387,000

cash flow from operations for 2015 = 10,387,000

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