Reference no: EM132636152
Dela Pena Company provided the following data for the current year:
Cash balance, beginning of year 1,300,000
Cash flow from financing activities 1,000,000
Total shareholders' equity, end of year 2,300,000
Cash flow from operating activities 400,000
Cash flow from investing activities (1,500,000)
Total shareholders' equity, beginning of year 2,000,000
Problem 1: How much is the cash balance at the end of the year?
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Determine what is the company profit margin
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