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

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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 

Reference no: EM13970220

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