The Statement of Cash Flow The following cash flow information was taken from Th
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Question
The Statement of Cash Flow The following cash flow information was taken from The General Electric Company (GE) annual report. Compute the missing values in the table Year 1 Year 2 Year 3 Cash, beginning balance $8,910 $12,664 ? Cash flow from operating activities 29,229 36,484 37,641 Cash flow from investing activities -21,843 -38,414 ? Cash flow from financing activities -3,632 ? -6,119 Cash, ending balance ? $15,328 $11,801 The Statement of Cash Flow The following cash flow information was taken from The General Electric Company (GE) annual report. Compute the missing values in the table Year 1 Year 2 Year 3 Cash, beginning balance $8,910 $12,664 ? Cash flow from operating activities 29,229 36,484 37,641 Cash flow from investing activities -21,843 -38,414 ? Cash flow from financing activities -3,632 ? -6,119 Cash, ending balance ? $15,328 $11,801Explanation / Answer
Statement showing computations Particulars Year 1 Year 2 Year 3 Cash Beginning Balance Year3= Ending cash balance of year 2 8,910.00 12,664.00 15,328.00 Cash flow from operating activities 29,229.00 36,484.00 37,641.00 Cash flow from investing activities= Year3 = 11,801 - (6119) - 15328 - 37641 (21,843.00) (38,414.00) (35,049.00) Cash flow from financing activities = Year 2 = 15,328- (-38,414) - 36,484 -12,664 (3,632.00) 4,594.00 (6,119.00) Cash, ending balance = Year 1 = 8910 + 29229 -21843 -3632 12,664.00 15,328.00 11,801.00
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