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28 Calculate the end of the year cash balance based on the information below: Beginning of the year cash balance 1,600 Revenue 1,200 Net income

28

Calculate the end of the year cash balance based on the information below:

Beginning of the year cash balance 1,600
Revenue 1,200
Net income 450
Depreciation 100
Negative changes in operating assets and liabilities 60
Acquisitions of PP&E 300
Dividends paid in the current year 110
Increase in long-term debt 500

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2,930

980

2,180

1,730

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