Question
Identify whether each of the following items increases or decreases cash flow. Fill in the blank with the letter I for increase in cash
Identify whether each of the following items increases or decreases cash flow. Fill in the blank with the letter I for increase in cash flow or the letter D for decrease in cash flow. [Hint: The answer is not in your book. It is in the resources I have linked for this unit.] Increase in Accounts Receivable (e.g., some patients have received services but not yet paid for those services) Increase in Notes Payable (e.g., the company borrowed some money from the bank for a stort-term period of time) The company paid a dividend on shares of its stock Decrease in Inventory (e.g., the company sold some of its inventory) Decrease in Accounts Payable (e.g., the company paid some of its bills)
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