Question
Inventory decreased by $50,000and wages payable decreased by $75,000.What will be the net result in terms of cash flow? Multiple Choice Cash decreased by $125,000.
- Inventory decreased by $50,000 and wages payable decreased by $75,000. What will be the net result in terms of cash flow? Multiple Choice Cash decreased by $125,000. Cash increased by $25,000. Cash decreased by $25,000. Cash increased by $125,000.
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
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