Question

Jason Jewelers reported the following in its statement of cash flows: Net cash provided by operating activities $140,000 Net cash provided by investing activities 120,000 Net cash used by financing activities 150,000. What is the total net increase or decrease in cash?

Answer 1

Answer:

The total net increase in cash is $ 110,000

Explanation:

Net Increase (Decrease) in Cash = Net cash provided/(used) by operating activities + Net cash provided/(used) by investing activities + Net cash provided/(used) by financing activities.

Net Increase (Decrease) in Cash= $140,000 + $120,000 -$ 150,000

                                                      = $ 110,000

This represents increase in cash inflow .