Calculate the Cash Balance Given the Following Information A)$48,000
B)$45,000
C)$42,000
D)$39,000

question 5

Multiple Choice

Calculate the cash balance given the following information: $$\begin{array} {| l | r | } \hline \text { Decrease in AR } & 30,000 \\\hline \text { Increase in Inventory } & 70,000 \\\hline \text { Increase in Accounts Payable } & 45,000 \\\hline \text { Decrease in Taxes Payable } & 8,000 \\\hline \text { Repaid Long Term Debt } & 90,000 \\\hline \text { Issued Common Shares } & 160,000 \\\hline \text { Issued Dividends } & 25,000 \\\hline\end{array}$$

• A)$48,000
• B)$45,000
• C)$42,000
• D)$39,000

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