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Furkat [3]
3 years ago
12

Beta Electronics the following data for the year ended December 31, 2019:

Business
1 answer:
tangare [24]3 years ago
8 0

Answer:

$27000

Explanation:

Given: Beginning Cash balance $14,000

          Cash flows provided by operating activities 12,000

          Cash flows used by investing activities 8,000

          Cash flows provided by financing activities 9,000

Now, calculating the ending cash balance:

Ending cash balance is calculated by subtracting cash outflow from cash inflow.

∴ Ending cash balance= (\textrm{Beginning cash balance+cash flow from operating activities+ financing activities}- investing\ activities)

Ending cash balance= 14000+12000+9000-8000= 35000-8000

∴ Ending cash balance for December 31, 2019 is $27000.          

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