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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Study Guide To Accompany Fundamentals Of Corporate Finance

ISBN: 9780073012421

5th Edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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