Analysis reveals that a company had a net increase in cash of $21,540 for the current year. net cash provided by operating activities was $19,400; net cash used in investing activities was $10,700 and net cash provided by financing activities was $12,840. if the year-end cash balance is $26,100, the beginning cash balance was:

$ 4,560

Explanation:

Given data:

The net increase in the cash = $ 21,540

Net cash provided by operating activity = $ 19,400

Net cash used in the investing activities = $ 10,700

Net cash provided = $ 12,840

The year end cash balance = $ 26,100

now,

the year end cash will be the total of the cash that was present initially and the net increase in the cash.

thus, mathematically

Year end cash balance = Beginning cash balance + Net increase in cash

on substituting the values, we have

$ 26,100 = Beginning cash balance + $ 21,540

thus,

the Beginning cash balance = $ 26,100 - $ 21,540 = $ 4,560

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