Problem 10-5 (IAA) Oakwood Company provided the following data for the year: Cash balance, beginning of year Cash flow from financing activities Cash flow from operating activities Cash flow from investing activities Total shareholders' equity, beginning of year 1,300,000 1,000,000 400,000 (1,500,000) 2,000,000 What is the cash balance at the end of current year? a. 1,200,000 b. 1,600,000 c. 1,400,000 d. 1,700,000

Problem 10-5 (IAA) Oakwood Company provided the following data for the year: Cash balance, beginning of year Cash flow from financing activities Cash flow from operating activities Cash flow from investing activities Total shareholders' equity, beginning of year 1,300,000 1,000,000 400,000 (1,500,000) 2,000,000 What is the cash balance at the end of current year? a. 1,200,000 b. 1,600,000 c. 1,400,000 d. 1,700,000

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter6: Cash And Internal Control

Section: Chapter Questions

Problem 6.2E

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