1.6k views
5 votes
You own a restaurant. You

have a beginning balance of
$2,500, $57,250 in total cash
sales, $5,300 for utilities,
$7,500 in loan payments, and
$3,200 for marketing costs.
What is your ending cash
balance for the year?

2 Answers

2 votes
$43,750 ending cash balance of the year
User XuDing
by
3.7k points
4 votes

Answer:

43,750

Step-by-step explanation:

2,500+57,250= 59,750 in total cash. $5,300 + 7500+3200= 16,000 in total cost. Lauren's ending cash balance is 43,750 because $59,750-1600= 43,750.

At this point I'm doing your homework for you

User OWolf
by
4.6k points