Respuesta :
Answer:
The correct answer is $355,000.
Explanation:
According tot the scenario, the given data are as follows:
Cash balance at the beginning of the period = $310,000
Cash provided by operating activities = $185,000
Cash used in investing activities = $43,000
Cash used in financing activities = $97,000
So, we can calculate the cash balance at the end by using following formula:
Cash at the end = Cash balance at the beginning + Cash provided by operating activities - Cash used in investing - Cash used in financing
= $310,000 + $185,000 - $43,000 -$97,000
= $355,000
Hence, The cash balance at the end of the period is $355,000.
The cash balance at the end of the statement period has been $355,000.
The cash flow can be expressed as the net inflow and out flow of the cash from the company.
The cash balance has been given as :
Cash balance = Cash inflow - cash outflow
Cash inflow in the current period statement can be given as:
Cash inflow = Cash balance at the beginning + Cash provided by operating activities
Cash inflow = $310,000 + $185,000
Cash inflow = $495,000
Cash outflow in the current period statement can be given as:
Cash outflow = Cash used in investing + Cash used in financing
Cash outflow = $43,000 + $97,000
Cash outflow = $140,000
Cash balance at the end of the period has been:
Cash balance = $495,000 - $140,000
Cash balance = $355, 000.
The cash balance at the end of the statement period has been $355,000.
For more information about the cash-balance, refer to the link:
https://brainly.com/question/14020033
