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A firm had a cash balance of 52000 at the beginning of the

A firm had a cash balance of $52,000 at the beginning of the year. There was a net decrease in cash and cash equivalents (defined as cash inflows minus outflows during the period) of $8,000. What is the ending cash balance?

A.$34,000
B.$44,000
C.$60,000
D.$70,000

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Accounting Basics: A firm had a cash balance of 52000 at the beginning of the

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