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Juliette [100K]
3 years ago
7

The income statement, balance sheet, and additional information for Video Phones, Inc., are provided.

Business
1 answer:
Alina [70]3 years ago
8 0

Answer:

Net increase in cash position is $18,960

From operations $128,160

From investing activities -$83,200

From Finance activities -$26,000

Explanation:

The income statement has been uploaded for your benefit.

The schedules attached tagged "workings" explains how we arrived at each change in cash flow by line item.

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