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Business, 20.06.2021 06:10 samanthahurtado0914

Racing Horse Corporation reported net income for 2010 of $200,000, sales of $540,000, expenses (excluding depreciation) of $180,000, and depreciation expense of $60,000. The company's accounts receivable balance increased by $40,000 during the year and its accounts payable balance remained the same. What is the estimated change in cash for the year ?

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Racing Horse Corporation reported net income for 2010 of $200,000, sales of $540,000, expenses (excl...
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