Firm C accounts payable for the month are $100,000 and its wages and salaries for the month are $100,000
What is its total outgoing cash flow for the month if its interest payments for the month are $50,000, its accounts receivable payments for the month are $100,000, and there are no other cash outflows for the month?
A) $250,000
B) $200,000
C) $350,000
D) Cannot tell because we do not know the beginning cash for the month.
Answer: A
Explanation: A) The total outgoing cash flow for the month = accounts payable for the month + wages and salaries for the month + interest payment for the month = $100,000 + $100,000 + $50,000 = $250,000. Accounts receivable payments for the month are incoming cash flows.
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