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On January 1, Year 2, Moore, a fast-food company, had a balance in its Cash account of $47,400. During the Year 2 accounting period,
On January 1, Year 2, Moore, a fast-food company, had a balance in its Cash account of $47,400. During the Year 2 accounting period, the company had (1) net cash inflow from operating activities of $29,600, (2) net cash outflow from investing activities of $37,000, and (3) net cash outflow from financing activities of $18,500. Required a. Prepare a statement of cash flows. (Cash outflows should be indicated with a minus sign.) MOORE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flows from operating activities: Cash flows from investing activities: Cash flows from financing activities: Ending cash balance
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