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You are given the following information for Thrice Corp.: Decrease in inventory $ 560 Decrease in accounts payable 230 Increase in notes payable 215 Increase
| You are given the following information for Thrice Corp.: |
| Decrease in inventory | $ | 560 | |
| Decrease in accounts payable | 230 | ||
| Increase in notes payable | 215 | ||
| Increase in accounts receivable | 245 | ||
| Did cash go up or down? By how much? |
| Classify each event as a source or use of cash. |
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ISE Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
18th International Edition
1265074658, 9781265074654
