
At the beginning of the year, BJ's had an outstanding short-term loan of $527. The interest charges for the year were $31 and the annual net cash flow was $211, prior to any payment of principal or interest on the loan. What is the anticipated loan balance at year-end?
A) $451
B) $347
C) $558
D) $769
E) $693
Correct Answer:
Verified
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