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bezimeni [28]
3 years ago
14

The net cash flow from operating activities is an inflow of $47,042, the net cash flow from investing activities is an outflow o

f $21,831, and the net cash flow from financing activities is an outflow of $28,397. If the beginning cash account balance is $12,283, what is the ending cash account balance?
Business
1 answer:
Alex_Xolod [135]3 years ago
5 0

Answer:

$9,097

Explanation:

Net cash flow from operating activities = + $47,042

Net cash flow from investing activities = -  $21,831

Net cash flow from financing activities = -  $28,397

Net cash flows for the period                =  - $3,186

Beginning cash account balance          =   $12,283

Net cash flows for the period                =  - $3,186

Ending cash balance                             =    $9,097

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Andy Company had a cash balance on May 1 of $ 30,000. At the end of​ May, the cash balance has increased to $ 33,000. During the
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