Question

use the following information to calculate total ending cash and equivalents: beginning cash and equivalents = $45 cash flow from operations = $100 cash flow from investing = $20 cash flow from financing = $300 145 345 420 465

Explanation:

Step1: Recall the formula for ending cash and equivalents

The formula for ending cash and equivalents is: Ending Cash and Equivalents = Beginning Cash and Equivalents + Cash Flow from Operations + Cash Flow from Investing + Cash Flow from Financing.

Step2: Substitute the given values into the formula

Given:
Beginning Cash and Equivalents = $45
Cash Flow from Operations = $100
Cash Flow from Investing = $20
Cash Flow from Financing = $300

Substitute these values into the formula:
Ending Cash and Equivalents = $45 + $100 + $20 + $300

Step3: Calculate the sum

First, add 45 and 100: 45 + 100 = 145
Then, add 145 and 20: 145 + 20 = 165
Then, add 165 and 300: 165 + 300 = 465

Answer:

465 (corresponding to the option with 465)