Operating activities, Stormer Company reports the following

Operating activities

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Reference no: EM13913906

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $28,000; net cash used in investing activities was $10,000 and net cash used in financing activities was $12,000. If the beginning cash balance is $5,000, what is the ending cash balance?
a. $55,000.
b. $45,000.
c. $31,000.
d. $6,000.
e. $11,000.

Reference no: EM13913906

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