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You are given the following information for Thrice Corp.: Decrease in inventory $ 480 Decrease in accounts payable 190 Increase in notes payable 175 Increase
You are given the following information for Thrice Corp.: |
Decrease in inventory | $ | 480 | |
Decrease in accounts payable | 190 | ||
Increase in notes payable | 175 | ||
Increase in accounts receivable | 205 | ||
Did cash go up or down? By how much? |
Classify each event as a source or use of cash. |
|
(source of cash/ use of cash)
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