Consider the Cash Flow Statement summary for the business David's Supermarket. Cash Flow Statement David's Supermarket F

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Consider The Cash Flow Statement Summary For The Business David S Supermarket Cash Flow Statement David S Supermarket F 1 (162.66 KiB) Viewed 65 times

Consider the Cash Flow Statement summary for the business David's Supermarket. Cash Flow Statement David's Supermarket For the year ended 31st December 2021 Net Cash from Operating Activities Net Cash from Investing Activities Net Cash from Financing activities. -$18,000 +$30,000 +$10,000 Beginning Cash balance (1st January 2021) +$23,000 Ending Cash balance (31st December 2021) +$45,000 Which statement below best describes the overall cash performance of the business during the year? Select one: O a. Operating performance was good for the period. O b. Overall, the business has not performed well. O c. Selling off the productive assets (Divesting) is always a good strategy to cover the Operating costs of the period. O d. Overall, the business has performed well, because the ending Cash Balance is greater than the beginning Cash Balance