Ruttman Enterprises began operations in early 2016. Summaries of the statement of cash flows for the years
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REQUIRED:
a. Compute the missing dollar amounts.
b. Briefly comment on the companys cash management policy over the three-year period.
Transcribed Image Text:
2018 2017 2016 $(202) Cash provided (used) by operating activities Cash provided (used) by investing activities Cash provided (used) by financing activities Increase (decrease) in cash Cash balance at beginning of year Cash balance at end of year $ ? ? (500) ? 160 (150) 900 280 $ (24) ? $ 110 ? 86 $ 86 $ 176 %24
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a 2018 2017 2016 Cash from operating activities X 202 X Cash from investing activities 160 X 500 Cas...View the full answer
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