11. You have the following trading information: total cash receipts of $624,000; a cash balance at the end of last year

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answerhappygod
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11. You have the following trading information: total cash receipts of $624,000; a cash balance at the end of last year

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11. You have the following trading information: total cash
receipts of $624,000; a cash balance at the end of last year of
$60,000; total cash payments of $540,000; cash outflow from
investing activities of $100,000; and cash inflows from financial
activities of $172,000. Set out a cashflow statement that shows
your current (end of year) cash balance.
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