Question
Meridian Inc. reports the following: Cash provided by operating activities: $280,000 Cash used by investing activities: $110,000 Cash provided by financing activities: $140,000 Beginning cash
Meridian Inc. reports the following:
Cash provided by operating activities: $280,000
Cash used by investing activities: $110,000
Cash provided by financing activities: $140,000
Beginning cash balance: $70,000
What is Meridian's ending cash balance?
Question 9 options:
|
| $380,000 |
|
| $460,000 |
|
| $600,000 |
|
| $240,000 |
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Applying IFRS Standards
Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas
4th Edition
1119159229, 9781119159223
