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Mini-Exercise 9-5 (Algo) Statement of cash flows relationships LO 9-9 Net cash provided by operating activities for the year ended December 31, 2022, was $123,800.
Mini-Exercise 9-5 (Algo) Statement of cash flows relationships LO 9-9
Net cash provided by operating activities for the year ended December 31, 2022, was $123,800. The cash balance on December 31, 2022, was $67,800. The net decrease in cash for the year was $39,300. Net cash used by financing activities was $49,500.
Required:
Calculate net cash provided (used) by investing activities for the year ended December 31, 2022, and the January 1, 2022, cash balance.
Note: Amounts to be deducted should be indicated with a minus sign.
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