(Answered) A firm had a cash balance of 52000 at the beginning of the

Accounting

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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