Based only on the following information for Bennington Corp., did cash go up or down? By how
Question:
Based only on the following information for Bennington Corp., did cash go up or down? By how much? Classify each event as a source or use of cash.
Decrease in inventory......................$375
Decrease in accounts payable...............190
Increase in notes payable...................210
Increase in accounts receivable............105
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Given data Decrease in inventory 375 Decrease in accounts payable 190 I...View the full answer
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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