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Fox Corporation reported the following on its year-end statement of cash flows: Net cash flow from operating activities $120,700 Net cash flow used for investing
Fox Corporation reported the following on its year-end statement of cash flows:
Net cash flow from operating activities $120,700
Net cash flow used for investing activities (2,850)
Net cash flow used for financing activities (19,000)
Cash at the beginning of the year 52,500
What is the amount of cash at the end of the year?
A. $45,650
B. $98,150
C. $151,350
D. None of these choices are correct.
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