Calculate Black Widow Company's Ending Cash Balance

What is Black Widow Company's ending cash balance?

Based on the figures provided by Black Widow Company, how much is their ending cash balance?

Final answer:

The ending cash balance of Black Widow Company is $23,509.

Black Widow Company's ending cash balance is calculated by adding the cash provided by operating activities, cash provided by investing activities, cash provided by financing activities, and the beginning cash balance.

The formula to calculate the ending cash balance is:

Ending cash balance = Beginning cash balance + Cash provided by operating activities + Cash provided by investing activities + Cash provided by financing activities

By plugging in the given figures:

Ending cash balance = $38,374 + (-$13,435) + (-$2,480) + $1,050

After calculation, the ending cash balance is $23,509.

← Business goal setting with the smart acronym Do i have to wear a mask in hawaii →

More Posts: