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Title: Use the following information to calculate the change in the company's cash balance for the year. Post by: borteleto on Jul 4, 2018 Use the following information to calculate the change in the company's cash balance for the year.
Credit Sales$800,000 Cash Sales$500,000 Operating Expenses on Credit$200,000 Cash Operating Expenses$700,000 Accounts Receivable (Beg. of Year)$50,000 Accounts Receivable (End of Year)$80,000 Accounts Payable (Beg. of Year)$50,000 Accounts Payable (End of Year)$100,000 Income Taxes Paid$160,000 A) $145,000 B) $180,000 C) $260,000 D) $365,000 Title: Use the following information to calculate the change in the company's cash balance for the year. Post by: Marc18 on Jul 4, 2018 Content hidden
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