Explain why a decrease in cash is classified as a cash inflow (source) and why an increase

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Explain why a decrease in cash is classified as a cash inflow (source) and why an increase in cash is classified as a cash outflow (use) in preparing the statement of cash flows.

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Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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Question Posted: Mar 05, 2012 04:47 AM

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Explain why a decrease in cash is classified as a cash inflow (source) and why an increase

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A decrease in the cash balance is a source of cash flow because cas...View the full answer

Principles Of Managerial Finance

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