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A firm starts the week with payables of $172,000, it pays $80,000 of outstanding bills, and purchases $44,000 of raw materials on one month's credit.

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A firm starts the week with payables of $172,000, it pays $80,000 of outstanding bills, and purchases $44,000 of raw materials on one month's credit. What is the change in its cash balance over the week? Multiple Choice $36,000 +$96,000 $80,000 +$92,000

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