the will company reported the following data for last year: decrease in the cash account$ 25,000 net cash provided by operating activities20,000 net cash provided by investing activities15,000 based solely on this information, the net cash provided (used) by financing activities on the statement of cash flows would be:

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01-12-2022
Business

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the will company reported the following data for last year: decrease in the cash account$ 25,000 net cash provided by operating activities20,000 net cash provided by investing activities15,000 based solely on this information, the net cash provided (used) by financing activities on the statement of cash flows would be:

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abhinavjh321 abhinavjh321 · Answer 1 · 2022-12-05T14:50:06-05:00

Net cash provided by financing activities on the statement of cash flows of the will company would be $60000.

The net amount of cash flows used to fund a business is called cash flows from financing operations.

Here, On basis of the following data,

Net cash provided by financing activities would be, the sum of the decrease in the cash account, net cash by operating activities and net cash by investing activities.

I.e. 25000+20000+15000

=60000

The CFF of a company is an indicator of the company's financial health and management.

To know more about Cash flows, click here:

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