A firm has inventories of $2 million for the previous year and $1.5 million for the current

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A firm has inventories of $2 million for the previous year and

$1.5 million for the current year. What impact does this have on net cash provided by operations?

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Intermediate Financial Management

ISBN: 9781337395083

13th Edition

Authors: Eugene F. Brigham, Phillip R. Daves

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