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Using the following assumptions, what was the change in cash from financing? Starting cash was $10,000, increase in inventory by $5,000, increase in accounts payable
Using the following assumptions, what was the change in cash from financing? Starting cash was $10,000, increase in inventory by $5,000, increase in accounts payable by $8,000, decrease to accounts receivables by $2,000 and an increase to bank loans by $3,000.
Select one:
a. -$3,000
b. $13,000
c. $3,000
d. $6,000
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