Answer:
ending cash balance 54,000
Explanation:
receipts from customer 50,000
payment for merchandise (25,000)
generated from operating activities 25,000
receipts of dividends 5,000
generated from investing activities 5,000
issuance of stock 20,000
payment for dividends (10,000)
generated from financing activities 10,000
cash generated for the cash 40,000
beginning cash balance 14, 000
ending cash balance 54,000
Answer:
$54,000
Explanation:
The computation of the ending cash balance is shown below:
= Beginning cash balance + cash receipts - cash payments
where,
Beginning cash balance is $14,000
Cash receipts would be
= Receipts from customers + Receipts of dividends + Receipts from issuance of stock
= $50,000 + $5,000 + $20,000
= $75,000
And, the cash payment is
= Payments for dividends + Payments for merchandise
= $10,000 + $25,000
= $35,000
So, the ending cash balance would be
= $14,000 + $75,000 - $35,000
= $54,000
