Question: Tomato Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year: The beginning balance in
Tomato Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year: The beginning balance in the Cash account was $3000. Net cash provided by operating activities: $41,000 Net cash used for investing activities: $(26,500) Net cash provided by financing activities: $1300 The statement of cash flows will show how much ending cash?
Group of answer choices
A) net cash provided by investing and financing activities $(23,800)
B) ending cash of $15,800
C) net cash provided by operating activities $42,900
D) ending cash of $18,800
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