The cash balance of GMC Company is 32700 $ at the beginning of the year. The cash flows during the year are given as follows; Operating cash inflow:37800 Investing outflow: 29000 Financing cash inflow: 22300 Which of the following is the cash balance at the end of the year. Select one: a. 63800 b. 64000 C. 68300 d. 121800
The cash balance of GMC Company is 32700 $ at the beginning of the year. The cash flows during the year are given as follows; Operating cash inflow:37800 Investing outflow: 29000 Financing cash inflow: 22300 Which of the following is the cash balance at the end of the year. Select one: a. 63800 b. 64000 C. 68300 d. 121800
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 21BEA: Swasey Company earned net income of 1,800,000 in 20X2. Swasey provided the following information:...
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The cash balance of GMC Company is 32700 $ at the beginning of the year. The cash flows during the year are given as follows;
Operating
Investing outflow: 29000
Financing cash inflow: 22300
Which of the following is the cash balance at the end of the year.
Select one:
a. 63800
b. 64000
C. 68300
d. 121800
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