The Current Period Statement of Cash Flows Includes the Following

question 90

Multiple Choice

The current period statement of cash flows includes the following: Cash balance at the beginning of the period
$310,000
Net cash flow from operating activities
185,000
Net cash flow used for investing activities
43,000
Net cash flow 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

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Definitions:

Utility

In economics, a measure of satisfaction, usefulness or value that an individual gains from consuming goods and services.

Consumption Bundle

A combination of goods and services selected by a consumer for personal use.

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A basic item of clothing characterized by short sleeves, generally made of cotton, and lacking a collar.

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A beverage made from roasted coffee beans, which are the seeds of berries from the Coffea plant.