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Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $29,500; net cash used in investing
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $29,500; net cash used in investing activities was $10,600 and net cash used in financing activities was $12,900. If the beginning cash balance is $5,300, what is the ending cash balance? |
a $58,300.
b $47,700.
c $32,500.
d $6,000.
e $11,300.
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