Quince Holman Corporation Reports What Is Holman's Ending Cash Balance?
A)$280,000

question 28

Multiple Choice

Quince Holman Corporation reports: $\begin{array}{lr}\text { Cash provided by operating activities } & \$ 250,000 \\\text { Cash used by investing activities } & 110,000 \\\text { Cash provided by financing activities } & 140,000 \\\text { Beqinning cash balance } & 70,000\end{array}$ What is Holman's ending cash balance?

• A)$280,000.
• B)$350,000.
• C)$500,000.
• D)$570,000.

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