A company had a net income of$100,000 last year. Depreciation was $20,000, they paid $10,000...
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Accounting
A company had a net income of$100,000 last year. Depreciation was $20,000, they paid $10,000 in dividends, bought a $50,000 machine with cash and paid back a
$30,000 loan to a bank. Receivables increased by $50,000 during the year. If they started the year with $40,000 cash in their account, how much cash did they have at the end of the year?
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