Managerial Accounting (15th Edition)

by Garrison, Ray; Noreen, Eric, Brewer, Peter

Published by McGraw-Hill Education

ISBN 10: 007802563X

ISBN 13: 978-0-07802-563-1

Chapter 14 - Statement of Cash Flows - The Foundational 15 - Required - Page 659: 1

Answer

The net decrease in cash is $9000.

Work Step by Step

By looking at the balance sheet, we can see the difference between the Beginning Balance and the Ending Balance, that is the net decrease in cash: $57.000-48.000=9.000$

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