Homework Answers
Answer: Option (a) $486,425 is correct
| Computation of cash balance at the end of the period | |
| Net cash flow Operating activitis | 181754 |
| Net cash flow used for Investment activities | (49950) |
| Net cash flow used for Financing activities | (102883) |
| Net increase in cash during the period | 28921 |
| Add: cash balance at the beginning of the period | 457504 |
| cash balance at the end of the period | 486425 |
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The current period statement of cash flows includes the following: Cash balance at the beginning of...
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