Use the Indirect Method of Preparing a Statement of Cash

question 160

Short Answer

Use the indirect method of preparing a statement of cash flows to answer the question.
Ending balances for Sunday Hut are listed below:
Net income for this year was $97,000.
What was the net cash inflow from financing activities?

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Definitions:

Primary Care Provider

A healthcare professional who provides first contact and continuing care covering a wide range of health issues, coordinating overall patient care.

Charts

Visual representations of data designed to make information easily understandable at a glance.

Restless

Experiencing difficulty resting, relaxing, or staying still, often due to anxiety, discomfort, or other underlying conditions.

Adequate Amounts

Sufficient quantities or volumes necessary to meet a specific need, standard, or requirement.