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20 March, 12:15

Zippy had cash inflows from operations $60,500; cash outflows from investing activities of $47,000; and cash inflows from financing of $25,000. the net change in cash was

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  1. 20 March, 13:59
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    The net change in cash formula can be this easy:

    Add the two cash inflows and subtract the cash outflows.

    So In here we have;

    Cash inflows from operations = $60,500

    Cash inflows from financing = $25,000

    Cash outflows from investing activities = $47,000

    $60,500 + $25,000 - $47,000 = $38,500

    The net change in cash was $38,500
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