Bonus Company had the following amounts in its statement of cash flows for the year ended December $31,2022.$

Net decrease in cash from operating activities $$112,000$

Net decrease in cash from investing activities $$374,000$

Net increase in cash from financing activities $$395,000$

Cash balance January $1,2022$ $$625,000$

Calculate the cash balance at December $31,2022.$

Answer rating: 100% (QA)

To calculate the cash balance at December 31 2022 we need to start with the cash balance at the begi... View the full answer