On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of $36,400. During the Year 1 accoun
Posted: Sun Jun 05, 2022 8:23 pm
company, had a balance in its Cash account of $36,400. During the Year 1 accounting period, the company had (1) net cash inflow from operating activities of $19,600, (2) net cash outflow from investing activities of $27,000, and (3) net cash outflow from financing activities of $8,500. Required a. Prepare a statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) MOORE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Net cash inflow from operating activities Cash flows from investing activities: Net cash outflow from investing activities Cash flows from financing activities: Net cash outflow from financing activities Net decrease in cash Plus: Beginning cash balance Ending cash balance $ 0
On January 1, Year 1, Moore, a fast-food