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A company has a beginning cash balance of $50,000. Its weekly cash flow forecast shows the following information for the next three weeks.
Which of the following statements is true?
Week 3 ending cash balance is the highest of the three weeks.
Week 2 ending cash balance is the highest of the three weeks.
Week 1 ending cash balance is the highest of the three weeks.
The cash balance at the beginning of the three weeks is the highest of the three weeks.
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