Below is working capital balance sheet information MBI LLC, for the years ended December 31, 2020...
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Below is working capital balance sheet information MBI LLC, for the years ended December 31, 2020 and 2021. Based on the change in the working capital accounts what is the net source or use of cash that was generated in 2021? FILL IN THE GRAY AREAS TO GET CREDIT Accounts receivable Inventory Prepaid expenses Accounts payable Accrued expenses Other current liabilities Net Source (Use) of Cash 2020 2021 $ 626,000 S 675,000 439,000 471,000 55,000 35,000 599,000 621,000 125,000 116,000 25,000 27,000 Source (Use) of Cash Below is working capital balance sheet information MBI LLC, for the years ended December 31, 2020 and 2021. Based on the change in the working capital accounts what is the net source or use of cash that was generated in 2021? FILL IN THE GRAY AREAS TO GET CREDIT Accounts receivable Inventory Prepaid expenses Accounts payable Accrued expenses Other current liabilities Net Source (Use) of Cash 2020 2021 $ 626,000 S 675,000 439,000 471,000 55,000 35,000 599,000 621,000 125,000 116,000 25,000 27,000 Source (Use) of Cash
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Net Use of Cash in 2021 Based on the changes in the working capital accounts MBI LLC generated a Net ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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