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Stormer Company reports the following amounts on its statement of cash flow: Net cash provided...

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Question

Accounting

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $34,500; net cash used in investing activities was $12,600 and net cash used in financing activities was $15,900. If the beginning cash balance is $6,300, what is the ending cash balance?

Multiple Choice

  • $37,500.

  • $6,000.

  • $12,300.

  • $56,700.

  • $69,300.

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