If $10,000 Was Generated from Operations, $4,000 Was Used for Investing

question 48

Short Answer

If $10,000 was generated from operations, $4,000 was used for investing activities, and $6,000 was generated from financing activities, how much would the cash balance increase?

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Definitions:

Perpetual Inventory System

A bookkeeping approach that immediately logs the buying or selling of inventory via computerized point-of-sale systems and enterprise asset management software.

Physical Units

A method of measuring production or inventory in terms of actual physical items or volumes, rather than monetary value or time.

Inventory Records

Documentation and tracking of a company's stock of goods or materials, essential for managing inventory levels and financial reporting.

Base Period

A specific time period used as a comparison point for assessing economic or financial data across different periods of time.