Classify each of the following items as an inflow (I) or an outflow (O) of cash, or
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Change (S) Item Cash Accounts payable Notes payable Long-term debt Inventory Fixed assets Change (S) -900 +700 +200 +500 +300 +1,300 Item +600 -1,200 +800 -2,500 +400 +600 Accounts receivable Net profits Depreciation Repurchase of stock Cash dividends Sale of stock
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Cash 600 O Accounts receivable 900 I Accounts pay...View the full answer
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Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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