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Question 18 10 pts Use the following information to calculate the change in the company's cash balance for the year. Credit Sales Cash Sales Operating

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Question 18 10 pts Use the following information to calculate the change in the company's cash balance for the year. Credit Sales Cash Sales Operating Experes on Credit Cash Operating Expenses Accounts Receivable (Beg of Year) Accounts Receivable (End of Year) Accounts Payable (Beg of Year) Accounts Payable (End of Year) Income Taxes Paid $500,000 $300,000 $400,000 $200,000 $20,000 $40.000 $50,000 $25,000 $80,000 $75,000 O $100,000 O $120,000 O $200,000 Question 19 10 pts Rocking Horse Corporation reported net income for 2004 of $100,000, sales of $300,000, expenses (excluding depreciation) of $150,000, and depreciation expense of $50,000. The company's accounts receivable balance increased by $25,000 during the year and its accounts payable balance remained the same. The company's change in cash for the year is estimated to be: O $175,000 O $100,000 O $300,000 $125,000 ORI CH g

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