Ruttman Enterprises began operations in early 2013. Summaries of the statement of cash flows for the years
Question:
Ruttman Enterprises began operations in early 2013. Summaries of the statement of cash flows for the years 2013, 2014, and 2015 follow:
REQUIRED:
a. Compute the missing dollar amounts.
b. Briefly comment on the company’s cash management policy over the three-year period.
Transcribed Image Text:
2015 2014 2013 Cash provided (used) by operating activities ? 02? 160 2 (500) Cash provided (used) by investing activities Cash provided (used) by financing activities 150) 280 900 (24) $110 0 $176 $ 86 $? $ Increase (decrease) in cash Cash balance at beginning of year Cash balance at end of year 86
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2015 2014 2013 a Cash from operating activities X 202 X Cash from investing activities 160 X 500 Cas...View the full answer
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