Question

The current period statement of cash flows includes the following:

Cash balance at the beginning of the period $310,000

Net cash flows from operating activities 185,000

Net cash flows used for investing activities (43,000)

Net cash flows used for financing activities (97,000)

The cash balance at the end of the period is

a. $45,000

b. $635,000

c. $355,000

d. $125,000

Answer

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