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Last year Ty's Grocery had inventory of $237,500 and fixed assets of $51,400. This year. Ty's has inventory of $231,900 and fixed assets of $48,700
Last year Ty's Grocery had inventory of $237,500 and fixed assets of $51,400. This year. Ty's has inventory of $231,900 and fixed assets of $48,700 Depreciation for this year is $6,300. Which one of the following statements is true given this information? Multiple Choice Both Inventory and towed assets are uitys of cash in the amounts of $5,500 and $2,700, respectively Both inventory and fixed assets are sources of cash in the amounts of $5,600 and $3,600 respectively, O Inventory as a source of cosh in the amount of $5,600 and Fixed assets is a use of cash in the amount of $2,700
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