State your current cash balance if you have the following information: total cash receipts of
$624,000; a cash balance at the end of last year of $60,000; total cash payments of $540,000;
cash outflow from investing activities of $100,000; and cash inflows from financial activities of
$172,000.
Solution
Ans)
Note:- Assume that in total cash receipt and payment not inculded cash flow from investment
and Financial activity.
Cash flow statement
$ 216,000
Ans)
Note:- Assume that in total cash receipt and payment not inculded cash flow from investment
and Financial activity.
Cash flow statement ParticularsAmountAmountCash flow from Operating ActivityCash
Receipts$ 624,000Cash Payment$ (540,000)Cash flow from Operating Activity$
84,000Cash flow from Investing Activity$ (100,000)Cash flow from Financial Activity$
172,000Total Cash flow$ 156,000Opening Cash balances $ 60,000Current Cash
balances
$ 216,000.
Calculate Current Cash Balance from Financial Statement Data
1. State your current cash balance if you have the following information: total cash receipts of
$624,000; a cash balance at the end of last year of $60,000; total cash payments of $540,000;
cash outflow from investing activities of $100,000; and cash inflows from financial activities of
$172,000.
Solution
Ans)
Note:- Assume that in total cash receipt and payment not inculded cash flow from investment
and Financial activity.
Cash flow statement
$ 216,000
Ans)
Note:- Assume that in total cash receipt and payment not inculded cash flow from investment
and Financial activity.
Cash flow statement ParticularsAmountAmountCash flow from Operating ActivityCash
Receipts$ 624,000Cash Payment$ (540,000)Cash flow from Operating Activity$
84,000Cash flow from Investing Activity$ (100,000)Cash flow from Financial Activity$
172,000Total Cash flow$ 156,000Opening Cash balances $ 60,000Current Cash
balances
$ 216,000
