Net cash provided by operating activities was $28,000; net cash used in investing activities was $10,000 and net cash used in financing activities was $12,000. If the beginning cash balance is $5,000, what is the ending cash balance

Closing net cash balance= $55,000

Explanation:

The cash flow statement is a financial statement that provides information about the sources and the usage of cash during a particular accounting period usually a year.

It provides the cash inflow and  outflows under three (3 ) categories of operating investing, financing.

The total net cash balance is the sum of the net cash balances under the 3 categories

                                                    Net cash balance

                                                           $

Operating activity                         28,000

Investing activities                         10,000

Financing activities                       12,000

Net cash balance                           50,000

Opening cash balance                   5,000

Closing net cash balance             55,000

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.