Stormer company reports the following amounts on its statement of cash flow: net cash provided by operating activities was $34,000; net cash used in investing activities was $12,400 and net cash used in financing activities was $15,600. if the beginning cash balance is $6,200, what is the ending cash balance?

a. $68,200.
b. $55,800.
c. $37,000.
d. $6,000.
e. $12,200.

e. $12,200

Explanation:

In order to calculate the ending cash balance, we must first assess the net increase or net decrease in the balance shown below:

Net Cash flow provided by Operating activities $34,000

Net Cash flow used in Investing activities -$12,400

Net Cash flow used in Financing activities -$15,600

Net increase (decrease) in cash for the year is $6,000

Now the ending balance of cash would be

= Net increase in cash + beginning cash balance

= $6,000 + $6,200

= $12,200

it is d i just took the test

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;