Financial Reporting and Analysis Q154

0. The following information is available for Nissan Newspapers Ltd.
Cash balance as of June 30, 2012 $58,000
Cash balance as of July 1, 2011 $65,000
Cash flows: 
Operating activities($45,000)
Financing activities $90,000

  • Option : A
  • Explanation : Ending balance = Beginning balance + Cash flows 58,000 = 65,000 - 45,000 + 90,000 + Investing cash flow Investing cash flow = ($52,000)
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