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Suppose Intel has an account receivable of $25 on year 1, and $150 on year 2. This change in account receivable ____ the cash available
Suppose Intel has an account receivable of $25 on year 1, and $150 on year 2. This change in account receivable ____ the cash available to firm in year 2. In other words, the cash effect of change in account receivable on the year 2 operating cash flows is ____.
A. | decreases; $125 | |
B. | Cannot be determined, need more information | |
C. | increases; -$125 | |
D. | increases; $125 | |
E. | decreases; -$125 |
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