Firm C Accounts Payable for the Month Are $100,000 and Its

question 104

Multiple Choice

Firm C accounts payable for the month are $100,000 and its wages and salaries for the month are $100,000.What is its total outgoing cash flow for the month if its interest payments for the month are $50,000,its accounts receivable payments for the month are $100,000,and there are no other cash outflows for the month?

• A)$250,000
• B)$200,000
• C)$350,000
• D)Cannot tell because we do not know the beginning cash for the month.

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