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Based only on the following information for Thrice Corporation, did cash go up or down? By how much? Classify each event as a source or
| Based only on the following information for Thrice Corporation, did cash go up or down? By how much? Classify each event as a source or use of cash. |
| Decrease in inventory | $ 420 |
|---|---|
| Decrease in accounts payable | 190 |
| Increase in notes payable | 700 |
| Increase in accounts receivable | 260 |
Multiple Choice
Cash decreased by $670
Cash increased by $670
Cash increased by $1,190
Cash decreased by $1,570
Cash increased by $1,050
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Have More Money Now A Commonsense Approach To Financial Management
Authors: John Layfield
1st Edition
0743466330,1416595775
