Answer:
The correct answer is option (D).
Explanation:
According to the scenario, the given data are as follows:
Beginning cash flow = $100,000
Operating activities generated = $300,000
Investing activities required = $800,000
End Cash = $50,000
So, we can calculate the net cash provided by company's financing activities by using following formula:
So, first we analyze Cash flow after operating activities, then
Cash flow (after operating activities ) = Beginning cash flow + Operating activities generated
= $100,000 + $300,000
= $400,000
Now, cash flow after investing = $400,000 - $800,000
= -$400,000
Given that closing cash balance = $50,000
So, Net cash provided = $400,000 + $50,000
= $450,000
Hence, the net cash provided by the company's financing activities was $450,000.
