5. Which of the following events define the beginning and end of the cash cycle?

Group of answer choices

Inventory Sold to Customers to Cash Received From Customers

Inventory Purchased From Suppliers to Inventory Sold to Customers

Inventory Purchased From Suppliers to Cash Received From Customers

Inventory Purchased From Suppliers to Cash Paid To Suppliers For Inventory

Cash Paid To Suppliers For Inventory to Cash Received From Customers"

6.

The Road Kill Restaurant has the following current account values for the year. These accounts represent a net _____ of cash for the year in the amount of _____.

Account	Beginning Balance	Ending Balance
Accounts receivable	$26,400	$24,200
Accounts payable	18,700	22,600
Inventory	38,900	40,300

Group of answer choices

source; $3,100

source; $4,700

use; $3,100

use; $3,800

use; $4,700

7.

A firm has the following account balances. Which one of the following statements is correct concerning those balances?

Account	Beginning Balance	Ending Balance
Accounts receivable	$18,700	$19,600
Accounts payable	23,100	22,800
Inventory	29,700	28,600
Long-term debt	48,400	42,600
Common stock	56,000	54,500

Group of answer choices

Accounts receivable is a $900 source of cash.

Common stock is a $1,500 source of cash.

Net working capital, excluding cash, is a $1,500 use of cash.

Long-term debt is a $5,800 source of cash.

Total debt is a $6,100 use of cash.