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Last year The Green Grocery had net fixed assets of $48,700. This year, The Green Grocery has net fixed assets of $51,400. Depreciation for this

  1. Last year The Green Grocery had net fixed assets of $48,700. This year, The Green Grocery has net fixed assets of $51,400. Depreciation for this year is $6,300. Which one of the following statements is true given this information?
  2. How would a $5,000 increase in AR and a $2,000 decrease in inventory affect cash?

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