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During the year, The Train Stop decreased its accounts receivable by $60, increased its inventory by $130, and decreased its accounts payable by $20. Q1:
During the year, The Train Stop decreased its accounts receivable by $60, increased its inventory by $130, and decreased its accounts payable by $20.
Q1: What is the net result of Train Stops cash balance from these transactions?
Q2: What is the effect of the changes affect Trains Stops liquidity?
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