Profits versus Cash Flow. During the last year of operations, accounts receivable increased by $10,000, accounts payable
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Profits versus Cash Flow. During the last year of operations, accounts receivable increased by $10,000, accounts payable increased by $5,000, and inventories decreased by $2,000.
What is the total impact of these changes on the difference between profits and cash flow?
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Related Book For
Study Guide To Accompany Fundamentals Of Corporate Finance
ISBN: 9780073012421
5th Edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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