Investing activities, Stormer Company reports the following

Investing activities

Assignment Help Financial Accounting

Reference no: EM13914196

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $29,500; net cash used in investing activities was $10,600 and net cash used in financing activities was $12,900. If the beginning cash balance is $5,300, what is the ending cash balance?

a $58,300.

b $47,700.

c $32,500.

d $6,000.

e $11,300.

Reference no: EM13914196

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