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

Select one:

79.0

29.0

219.0

39.0v

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