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Analysis reveals that a company had a net increase in cash of $22,530 for the current year. Net cash provided by operating activities was $20,300;
Analysis reveals that a company had a net increase in cash of $22,530 for the current year. Net cash provided by operating activities was $20,300; net cash used in investing activities was $11,150 and net cash provided by financing activities was $13,380. If the year-end cash balance is $27,450, the beginning cash balance was:
$17,610.
$49,980.
$45,060.
$4,920.
$44,060.
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