Based only on the following information for Shinoda Corp., did cash go up or down? By how
Question:
Based only on the following information for Shinoda Corp., did cash go up or down? By how much? Classify each event as a source or use of cash.
Decrease in inventory........$430
Decrease in accounts payable.....165
Increase in notes payable........150
Increase in accounts receivable....180
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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