Ruttman enterprises began operations in early 2010. Summaries of the statement of cash flows for the years
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Ruttman enterprises began operations in early 2010. Summaries of the statement of cash flows for the years 2010, 2011, and 2012 follow:
Required(a) Compute the missing dollar amounts.(b) Briefly comment on the company's cash management policy over the three-year period.
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2012 2011 2010 Cash provided (used) by operating activities S(202) (used) by investing activities 160 (500) 900 S 110 (150) Cash provided (used) by financing activities 280 S (24) Increase (decrease) in cash Cash balance at beginning of year balance at end of year 86 S 176 S 86
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a 2012 2011 2010 Cash from operating activities X 202 X Cash from investing activities 160 X 500 Cas...View the full answer
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