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This month, Kenneth Goldberg has cash inflows of $2,950 and cash outflows of $2,800, resulting in...

This month, Kenneth Goldberg has cash inflows of $2,950 and cash outflows of $2,800, resulting in a: Multiple Choice surplus of $150. surplus of $2,950. deficit of $2,800. deficit of $150. balanced budget.

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Answer #1

Surplus value=Cash inflows-Cash outflows

=2950-2800

=$150

Hence the correct option is:surplus of $150.

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