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A company's accounts payable for the month are $100,000 and its wages and salaries for the month are $100,000. What is its total outgoing cash
A company's accounts payable for the month are $100,000 and its wages and salaries for the month are $100,000. What is its total outgoing cash flow for the month if its interest payments for the month are $50,000, its accounts receivable payments for the month are $100,000, and there are no other cash outflows for the month? Select one: a. $200,000 b. $250,000 c. Cannot tell because we do not know the beginning cash for the month. d. $350,000
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