Question
DEFInc.reportedthefollowingfinancialinformationfortheyearendedDecember31st, 2023: Cashfromoperatingactivities:$100,000 Cashfrominvestingactivities:($50,000) Cashfromfinancingactivities:$20,000 Beginningcashbalance:$80,000Calculate:a)Endingcashbalance.b)Freecashflow. c)Cashflowadequacyratio.d)Cashconversioncycle.
DEF Inc. reported the following financial information for the year ended December 31st, 2023:
Cash from operating activities: $100,000
Cash from investing activities: ($50,000)
Cash from financing activities: $20,000
Beginning cash balance: $80,000 Calculate: a) Ending cash balance. b) Free cash flow.
c) Cash flow adequacy ratio. d) Cash conversion cycle.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
