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Wilco inc reports the following data for 2022: Net inc: 200,000 Cash provided from operations: 180,000 Cash used by investing: (50,000) Cash provided by financing:
Wilco inc reports the following data for 2022:
Net inc: 200,000
Cash provided from operations: 180,000
Cash used by investing: (50,000)
Cash provided by financing: 20,000
Cash balance 1/1/22: 500,000
What is WIlcos cash balance on 12/31/22? I know the change in cash is 150,000... not sure how to find cash balance at end of year
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