Assume working capital was $87,500 for a given year. During this year, accounts receivable increased by $4,600,

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Assume working capital was $87,500 for a given year. During this year, accounts receivable increased by $4,600, inventory decreased by

$7,754, and accounts payable increased by $3,737. Determine the amount of cash from operations.

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Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

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Question Posted: Jun 21, 2024 09:02 AM

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Assume working capital was $87,500 for a given year. During this year, accounts receivable increased by $4,600,

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Hospitality Management Accounting

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