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Please explain step-by-step thank you 16. Use the following year 2020 financial data: Cash flow from operating activities Cash flow from investing activities Cash flow
Please explain step-by-step thank you 16. Use the following year 2020 financial data: Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities $24,000 ($22.000) (used) ($18,000) (used) a) If the beginning 2020 balance in the Cash" account on the Balance Sheet was $46,000, calculate the ending balance in the "Cash" account. b) If purchases of property, plant, and equipment during the year 2020 were $22,000, calculate Free Cash Flow
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