Solution-Determine the year-end balance in cash

Determine the year-end balance in cash

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Reference no: EM132988338

Question - Bedford Corp. began the year with $15,000 in cash and another $8,500 in cash equivalents. During the year, operations generated $140,000 in cash. Net cash used in investing activities during the year was $210,000, and the company raised a net amount of $180,000 from financing activities. Determine the year-end balance in cash and cash equivalents.

Reference no: EM132988338

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Determine the year-end balance in cash

Reference no: EM132988338

Reference no: EM132988338

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