Question: Calculate the cash balance given the following information: Decrease in AR Increase in Inventory Increase in Accounts Payable Decrease in Taxes Payable Repaid Long Term

Calculate the cash balance given the following information: Decrease in AR Increase in Inventory Increase in Accounts Payable Decrease in Taxes Payable Repaid Long Term Debt Issued Common Shares Issued Dividends 30,000 70,000 45,000 8,000 90,000 160,000 25,000 $48,000 $45,000 $42,000 O $39,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
