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analysis reveals that a company had a net increase in cash of $21,210 for the current year. net cash provided by operating activities was $19,100; net cash used in investing activities was $10,550 and net cash provided by financing activities was $12,660. if the year-end cash balance is $25,650, the beginning cash balance was:

Respuesta :

The correct answer is a. $4,440.

Net cash provided from operating (+) 19,100

Net cash used in investing (-) (10,550)

Net cash provided from financing (+) 12,660

Total change in cash 21,210

Plus Beginning cash balance^ 4,440

Equals Ending cash balance 25,650

Beginning cash balance + Change in cash = Ending cash balance

In other words, Ending cash balance - Change in cash = Beginning cash balance: $25,650 - $21,210 = $4,440

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