Business, 09.11.2020 16:50 foralways3178

If the following projections have been made, what is the projected ending cash balance? Cash sales, $380,000
Beginning cash balance, $30,000
Operating expenses of $420,000, including depreciation of $20,000
Interest expense of $12,000 is included in operating expenses
Borrowing $50,000
End-of-period accrued liabilities of $20,000 for operating expenses
a. $80,000
b. $40,000
c. $52,000
d. $48,000

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If the following projections have been made, what is the projected ending cash balance? Cash sales,...

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