The Colorado Jet Boat Company had a cash balance of $3 million at the

The Colorado Jet Boat Company had a cash balance of $3 million at the beginning of 2010. During
2010, Sales were $8 million and expenses were $7 million. Therefore,

A) the cash balance at the end of 2010 must be less than $11 million.
B) the cash balance at the end of 2010 must be greater than $3 million.
C) the cash balance at the end of 2010 is $4 million.
D) the cash balance at the end of 2010 cannot be determined from the information given.

ANSWER

D