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Q5) The table below sets out the following balance sheet information for a local business. 2019 2020 Inventory 298 1,270 Accounts receivable 7,260 8,760 Accounts
Q5) The table below sets out the following balance sheet information for a local business. 2019 2020 Inventory 298 1,270 Accounts receivable 7,260 8,760 Accounts payable 400 900 Long-term equipment 10,000 11,510 Given the changes in working capital, what is the expected cash inflow/outflow for the business? A) $1,972 B) +$1,972 C) -$3,482 D) +$3,482
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