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15 February, 03:07

Jason Jewelers reported the following in its statement of cash flows: Net cash provided by operating activities $140,000 Net cash provided by investing activities 120,000 Net cash used by financing activities 150,000. What is the total net increase or decrease in cash?

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  1. 15 February, 03:24
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    The total net increase in cash is $ 110,000

    Explanation:

    Net Increase (Decrease) in Cash = Net cash provided / (used) by operating activities + Net cash provided / (used) by investing activities + Net cash provided / (used) by financing activities.

    Net Increase (Decrease) in Cash = $140,000 + $120,000 - $ 150,000

    = $ 110,000

    This represents increase in cash inflow.
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