Top Posters
Since Sunday
5
s
4
t
4
k
4
H
3
S
3
c
3
m
3
b
3
d
3
d
3
b
3
Home Q & A Board Other Fields Homework Help Business
New Topic  
samualson samualson
wrote...
Go to Answer
Posts: 2459
Rep: 13 0
5 years ago
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.
Read 18 times
1 Reply
Replies
Answer verified by a subject expert
guzmanguzman
wrote...
#1
Top Poster
Posts: 1067
Rep: 10 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
 C
 
1

Related Topics

samualson Author
wrote...

5 years ago
this is exactly what I needed
branbran2k16
wrote...

Yesterday
Correct Slight Smile TY
cipcal
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  205 People Browsing
 227 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1050
  
 237
  
 184
Your Opinion
Previous poll results: Do you believe in global warming?