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Consider a Cash Balance sheet where the beginning cash balance is $710,000, the cash inflows from...

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Finance

Consider a Cash Balance sheet where the beginning cash balanceis $710,000, the cash inflows from operations is $840,000, and thecash outflows from operations is $620,000



Using the figures above, identify the Ending Cash Balance

Select one:

a. $490,000

b. $2,170,000

c. $930,000

d. $220,000

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Transcribed Image Text

Consider a Cash Balance sheet where the beginning cash balanceis $710,000, the cash inflows from operations is $840,000, and thecash outflows from operations is $620,000Using the figures above, identify the Ending Cash BalanceSelect one:a. $490,000b. $2,170,000c. $930,000d. $220,000

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