Question 12
A company's beginning cash balance is $50,000. Its net cash flow from operating activities is $30,000, from investing activities is -$20,000, and from financing activities is $10,000. What is the ending cash balance?
A company's beginning cash balance is $50,000. Its net cash flow from operating activities is $30,000, from investing activities is -$20,000, and from financing activities is $10,000. What is the ending cash balance?
Correct answer: 70000
Question 12 of 23 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 27 Oct 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB2 27 Oct 2024). It carries 1 mark.