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(a) Classify each of the events below as a source or use of cash. What is the net impact to the cash position of the
(a) Classify each of the events below as a source or use of cash. What is the net impact to the cash position of the below events. Overall did cash go up or down? By how much? Decrease in inventory 375 Increase in accounts payable 190 Increase in notes payable 210 Decrease in accounts receivable Decrease in inventory $ 375 Increase in accounts payable $ 190 Increase in notes payable $ 210 Decrease in accounts receivable $105 b) Harpreet Chemicals Pvt. Ltd. has current liabilities of $365,000, a quick ratio of 75. inventory turnover of 4.9, and a current ratio of 1.2 What is the cost of goods sold for the company
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