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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:  Decrease in AR 30,000 Increase in Inventory 70,000 Increase in Accounts Payable 45,000 Decrease in Taxes Payable 8,000 Repaid Long Term Debt 90,000 Issued Common Shares 160,000 Issued Dividends 25,000\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}

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Definitions:

Roy Lichtenstein

An American pop artist known for his comic strip style paintings that parodied American popular culture.

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A printing technique where ink is forced through a mesh screen onto a surface, commonly used for creating artworks and posters.

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The presentation of more than one image within a single artwork or in a series of artworks, often to convey a sequence of events or different perspectives.

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A leading figure in the visual art movement known as Pop Art; his works explore the relationship between artistic expression, celebrity culture, and advertising.

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