In 2015, Usher Sports Shop had cash flows from investing activities of -$4,364,000 and cash flows from financing activities of -$5,880,000. The balance in the firms cash account was $1,615,000 at the beginning of 2015 and $1,742,000 at the end of the year. Calculate Usher Sports Shops cash flow from operations for 2015.
In 2015, Usher Sports Shop had cash flows from investing activities of -$4,364,000 and cash flows from financing activities of -$5,880,000. The balance in the firm’s cash account was $1,615,000 at the beginning of 2015 and $1,742,000 at the end of the year. Calculate Usher Sports Shop’s cash flow from operations for 2015.
This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!
Related Book For
Finance Applications and Theory
3rd edition
Authors: Marcia Cornett, Troy Adair
ISBN: 978-0077861681