Specialty Auto Parts Company uses the indirect method to prepare its statement of cash flows. Refer...

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Specialty Auto Parts Company uses the indirect method to prepare its statement of cash flows. Refer to the following informat

business accounting

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Answer 1

Answer #1

Answer : C = $ 18,900.

>> Ending cash = Opening cash + Net cash by operating activity + Financing activity + Investing activity.

>> Ending Cash = $ 13,400 + $ 102,000 + $ 17,000 - $ 113,500

>> Ending Cash = $ 18,900.

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Answer 2

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