Company’s Cash Balance Assignment | Homework For You |

Company’s Cash Balance Assignment | Homework For You |

The Miller Company had the following changes in its 2017 balance sheet: Inventory decreased by $45,000;   Accounts Payable decreased by $32,000;   Notes Payable decreased by $16,000 and Accounts Receivable increased by $8,000.   How much did the company’s Cash balance on its balance sheet change at the end of 2017?
Decreased by $11,000
Decreased by $21,000
Increased by $5,000
Increased by 21,000
None of the above. Get Finance homework help today
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Company’s Cash Balance Assignment | Homework For You |

 

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Company’s Cash Balance Assignment | Homework For You |

The Miller Company had the following changes in its 2017 balance sheet: Inventory decreased by $45,000;   Accounts Payable decreased by $32,000;   Notes Payable decreased by $16,000 and Accounts Receivable increased by $8,000.   How much did the company’s Cash balance on its balance sheet change at the end of 2017?
Decreased by $11,000
Decreased by $21,000
Increased by $5,000
Increased by 21,000
None of the above. Get Finance homework help today
TOP ACADEMIC WRITER
He has decades of experience in the education field and has served in the examination boards of some of the top Universities within & outside the United States America.

Related

Company’s Cash Balance Assignment | Homework For You |