Delaware coatings company uses the indirect method to prepare its statement of cash flows. refer to the following information for the year 2019:
net cash provided by operating activities: $ 39 comma 000
net cash used for investing activities: $(26 comma 000)
net cash provided by financing activities: $ 1 comma 400
what is the net change in cash during the year?

$14,400

Explanation:

Given that,

Net cash provided by operating activities = $39,000

Net cash used for investing activities = $26,000

Net cash provided by financing activities = $1,400

The net change in cash during the year:

= Net cash provided by operating activities - Net cash used for investing activities + Net cash provided by financing activities

= $39,000 - $26,000 + $1,400

= $14,400

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

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