Question: Calculate the cash balance given the following information: Decrease in AR 30,000 Increase in Inventory 70,000 Increase in Accounts Payable 45,000 Decrease in Taxes Payable
Calculate the cash balance given the following information:
Decrease in AR 30,000
Increase in Inventory 70,000
Increase in Accounts Payable 45,000
Decrease in Taxes Payable 8,000
Repaid Long Term Debt 90,000
Issued Common Shares 160,000
Issued Dividends 25,000
A. 48,000
B. 45,000
C42,000
D39,000
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