Question: Using the information given below calculate the cash balance at the end of Year 2. Year 1 Year 2 10.0 Receivables 30.0 40.0 Net
Using the information given below calculate the cash balance at the end of Year 2. Year 1 Year 2 10.0 Receivables 30.0 40.0 Net property plant and equipment 40.0 50.0 Total assets 80.0 Cash Payables Debt Common stock Retained earnings Total liabilities and equity Net income Dividends 10.0 20.0 5.0 45.0 80.0 20.0 30.0 15.0 43.0 49.0 26.0 30.0
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