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4. Describe how each of the below activities would impact a company's cash (example answer: Cash would increase by $3,000): -Inventory increased by $2,000 -Accounts

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4. Describe how each of the below activities would impact a company's cash (example answer: "Cash would increase by $3,000"): -Inventory increased by $2,000 -Accounts receivable decreased by $3,000 -Prepaid expenses increased by $1,000 -Equipment was sold for $4,000 -Current liabilities increased by $8,000 -Long-term debt decreased by $5,000

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