Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $34,000; net cash used in investing activities was $12,400 and net cash used in financing activities was $15,600. If the beginning cash balance is $6,200, what is the ending cash balance?
a. $68,200.
b. $55,800.
c. $37,000.
d. $6,000.
e. $12,200.
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Home » Business » Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $34,000; net cash used in investing activities was $12,400 and net cash used in financing activities was $15,600.