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3 years ago

Analysis reveals that a company had a net increase in cash of

Business

1 answer:

yawa3891 [41]3 years ago

7 0

Answer:

The multiple choices are as follows:

$4,720.

$17,260.

$48,680.

$43,960.

$42,960.

The beginning cash balance was $4,720

Explanation:

The formula for closing cash balance can be used to determine the opening cash balance as shown thus:

closing cash balance=net increase in cash+opening balance of cash

by arranging the equation

opening cash balance =closing cash balance-net increase in cash

closing cash balance is $26,700

net increase in cash is $21,980

opening cash balance=$26,700-$21,980=$4,720

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3 years ago

Excerpts from Neuwirth Corporation's comparative balance sheet appear below: Ending Balance Beginning Balance Cash and cash equi

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Answer:

The change in Accounts Receivable is added to net income; The change in Inventory is added to net income.

Explanation:

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Note: The options are missing from the question, so i have attached the options with the answer.

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3 years ago

A national health care plan would also control the wildly escalating cost of prescription drugs. This would particularly benefit

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By linking a Google My Business account with a Google Ads account, you're able to create location extensions. Which information

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Answer:

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