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What is rodriguez ending cash balance

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Problem 1: Rodriguez Corporation has a beginning Cash balance of $1,500,000. The company has total cash inflows of $5,000,000 and total cash outflows of $4,900,000 during the period. What is Rodriguez's ending Cash balance?

Option 1: $1,500,000

Option 2: $6,500,000

Option 3: $1,400,000

Option 4: $1,600,000

Reference no: EM132651198

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