Explain why a decrease in the cash account is classified as a cash inflow (source) and why

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Explain why a decrease in the cash account 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: 9780136945888

16th Edition

Authors: Chad J. Zutter, Scott Smart

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Question Posted: Jul 25, 2024 10:02 AM

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Explain why a decrease in the cash account is classified as a cash inflow (source) and why

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Principles Of Managerial Finance

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