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Please help with worksheet, graded on effort PART 2 Financial Statements and Long - Term Financial Planning Given this reasoning, there is a simple, albeit
Please help with worksheet, graded on effort
PART Financial Statements and LongTerm Financial Planning
Given this reasoning, there is a simple, albeit mechanical, definition you may find useful. An increase in a leftside asset account or a decrease in a rightside liability or equity account is a use of cash. Likewise, a decrease in an asset account or an increase in a
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liability or equity account is a source of cash.
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Looking again at Prufrock, we see that inventory rose by $ This is a net use because
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tableSources of cash:Increase in accounts payable,$
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