Title: Racing Horse Corporation reported net income for 2010 of $200,000, sales of $540,000, expenses ... Post by: samualson on Jul 4, 2018 Racing Horse Corporation reported net income for 2010 of $200,000, sales of $540,000, expenses (excluding depreciation) of $180,000, and depreciation expense of $60,000. The company's accounts receivable balance increased by $40,000 during the year and its accounts payable balance remained the same. The company's change in cash for the year is estimated to be
A) $100,000. B) $160,000. C) $220,000. D) $380,000. Title: Racing Horse Corporation reported net income for 2010 of $200,000, sales of $540,000, expenses ... Post by: guzman on Jul 4, 2018 Content hidden
|