The net cash flow provided by operating activities is an inflow of $37,042,the net cash flow used in investing activities is $16,831,and the net cash flow used in financing activities is $26,397.If the beginning cash account balance is $11,283,what is the ending cash account balance?
A)$5,097
B)($6,186)
C)$38,759
D)$27,476

Question

Quizplus · Accepted Answer

Ending Cash Balance = Beginning Cash Balance + Cash Inflows (Outflows)from Operating Activities + Cash Inflows (Outflows)from
Investing Activities + Cash Inflows (Outflows)from Financing Activities
= $11,283 + $37,042 + ($16,831)+ ($26,397)= $5,097

The Net Cash Flow Provided by Operating Activities Is an Inflow