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The following table shows changes in balance sheet accounts for a firm. Amount ($) Increase in inventory 395 Decrease in accounts payable 179 Increase in
The following table shows changes in balance sheet accounts for a firm.
Amount ($) | |
Increase in inventory | 395 |
Decrease in accounts payable | 179 |
Increase in notes payable | 580 |
Decrease in accounts receivable | 208 |
What is the net impact on the cash balance of the firm as a result of the above changes. Calculate the magnitude of the change only without rounding.
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