briefly comment on the company s cash management policy over the three year period 621868
A company”s cash management policy across time
Ruttman Enterprises began operations in early 2010. Summaries of the statement of cash flows for the years 2010, 2011, and 2012 follow:
2012 |
2011 |
2010 |
|
Cash provided (used) by operating activities |
$ ? |
$(202) |
$ ? |
Cash provided (used) by investing activities |
160 |
? |
(500) |
Cash provided (used) by financing activities |
(150) |
280 |
900 |
Increase (decrease) in cash |
$ ? |
$(24) |
$110 |
Cash balance at beginning of year |
86 |
? |
0 |
Cash balance at end of year |
$176 |
$86 |
$ ? |
REQUIRED:
a. Compute the missing dollar amounts.
b. Briefly comment on the company”s cash management policy over the three-year period.