Question: Return to question Exercise 1-1/A Statement or casn TiOWS LU 1-0 On January 1, Year 1, Moore, a fast-food company, had a balance in its
Return to question Exercise 1-1/A Statement or casn TiOWS LU 1-0 On January 1, Year 1, Moore, a fast-food company, had a balance in its Cash account of $33,100. During the Year 1 accounting period, the company had (1) net cash inflow from operating activities of $16,600, (2) net cash outflow for investing activities of $24,000, and (3) net cash outflow from financing activities of $5,500. Required a. Prepare a statement of cash flows. (Cash outflows should be indicated with a minus sign.) Answer is complete but not entirely correct. 16,600 MOORE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Net cash inflow from operating activities $ Cash flows from investing activities: Net cash outflow from investing activities Cash flows from financing activities: Net cash outflow from financing activities Net decrease in cash Plus: Beginning cash balance Ending cash balance $ (24,000) 30 (5,500) 21.100 33,100 54,200 la dtv AM 09 S. A w 1) x ch or enter website name +
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