Edwards Corporation has the following financial information for 2020. Using the Indirect Method, determine the following. Note that Edwards began the year with a cash balance of $100,000. Net Income $200,000 Depreciation Expense $85,000 Issuance of Stock $ 70,000 Purchase Land $55,000 How much is Edwards's ending cash balance?

Answer rating: 100% (QA)

Edward Corporation Statment of Cash Flow 2020 Net I... View the full answer