Usher Sports Shop had cash flows from investing activities of $410,000 and cash flows from financing activities of -$471,000. The balance in the firm's cash account was $628,000 at the beginning of the year and $606,000 at year-end. Calculate Usher Sports Shop's cash flow from operations. Note: Amounts to be deducted should be indicated by a minus sign. Cash flow from operations
Usher Sports Shop had cash flows from investing activities of $410,000 and cash flows from financing activities of -$471,000. The balance in the firm's cash account was $628,000 at the beginning of the year and $606,000 at year-end. Calculate Usher Sports Shop's cash flow from operations. Note: Amounts to be deducted should be indicated by a minus sign. Cash flow from operations
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 4DQ
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