• Starr Inc.'s financial statements show the following information: Net cash flows from operating activities $ 2,100 Net cash flows used for investing activities 11,850 Net cash flows from financing activities 13,000 Ending cash balance as per the balance sheet 21,200 Calculate the net increase or decrease in the cash balance for Starr.
• a. An increase of $3,250
• b. A decrease of $3,250
• c. An increase of $17,950
• d. A decrease of $17,950

Answer rating: 100% (QA)

The correct answer is a An increase of 3250 The calcula... View the full answer