Need Help Solving: Stormer Company reports the following amounts on its statement of cash flow:...
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Accounting
Need Help Solving:
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $33,000; net cash used in investing activities was $12,000 and net cash used in financing activities was $15,000. If the beginning cash balance is $6,000, what is the ending cash balance?
A. $6,000.
B. $36,000.
C. $54,000.
D. $66,000.
E. $12,000.
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