In 2021, Usher Sports Shop had cash flows from investing activities of $370,000 and cash flows The balance in the firm's cash account was $632,000 at the beginning of 2021 and $614,000 at year-end. Calculate Usher Sports Shop's cash flow from operations for 2021. (Amounts to be deducted should be indicated by a minus sign.)

In 2021, Usher Sports Shop had cash flows from investing activities of $370,000 and cash flows The balance in the firm's cash account was $632,000 at the beginning of 2021 and $614,000 at year-end. Calculate Usher Sports Shop's cash flow from operations for 2021. (Amounts to be deducted should be indicated by a minus sign.)

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter3: Income Flows Versus Cash Flows: Understanding The Statement Of Cash Flow

Section: Chapter Questions

Problem 1DIC

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