The statement of cash flows shows the following information: Cash provided by operating activities of $17,900 Cash used by investing activities of $7,000 Cash used by financing activities of $1,500 The beginning cash was $16,500. What is the amount of cash at the end of the period?

A. $34,400

B. $25,900.

C. $42,900.

D. $7,100.

Question

Elias Carpenter

Business

17 November, 19:48

The statement of cash flows shows the following information: Cash provided by operating activities of $17,900 Cash used by investing activities of $7,000 Cash used by financing activities of $1,500 The beginning cash was $16,500. What is the amount of cash at the end of the period?

A. $34,400

B. $25,900.

C. $42,900.

D. $7,100.

+5

Answers (1)

Know the Answer?

Aliza Nolan · Answer 1

B. $25,900.

Explanation:

Using the cash flow statement format;

Amount ($)

Cash provided by operating activities 17,900.00

Cash used by investing activities (7,000.00)

Cash used by financing activities (1,500.00)

Net Increase (Decrease) in cash balance (a) 9,400.00

Cash at the beginning of the year (b) 16,500.00

Cash at the end of the year c = a+b 25,900.00

The net balance is the net of the cash flows from the 3 activities (Operating, investing and financing). The cash at the end of the period is the net of cash flow from the 3 activities with cash at the beginning of the period.