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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Cornerstone Exercise 15-18 Change in Cash
Blaylock Company provided the following information:
Blaylock Company Comparative Balance Sheets
At December 31, 2013 and 2014
2014 2013
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Cash $1,130,000 $700,000
Required:
1. Calculate the change in cash.
2. Explain the role of the change in cash flow in the statement of cash flows.
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