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The statement of cash flows shows the following information: Cash provided by operating activities of $18,200 Cash used by investing activities of $6,700 Cash used by financing activities of $1,200 The beginning cash was $17,100. What is the amount of cash at the end of the period

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ayokenny2001

Answer:

$27,400

Explanation:

The amount of cash at the end of the period is calculated as;

Cash provided by operating activities

$18,200

Cash used by investing activities

($6,700)

Cash used by financing activities

($1,200)

Net increase (decrease) in cash balance

(a) $10,300

Cash at the beginning of the year

(b) $17,100

Cash at the end of the year

c = (a) + (b) = $27,400

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