Question: Based only on the following information for Dawn Corp., did cash go up or down? By how much? Classify each event as a source or

Based only on the following information for Dawn Corp., did cash go up or down? By how much? Classify each event as a source or use of cash.

Decrease in inventory .....................................$365

Decrease in accounts payable..............................215

Increase in notes payable...................................280

Increase in accounts receivable ...........................240



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