After studying the balance sheet of Save Money Incorporation , you have noticed the following: an increase
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Question:
After studying the balance sheet of Save Money Incorporation , you have noticed the following: an increase of $800 in inventory, and increase of $330 in accounts payable, a decrease of $890 in short-term debt, and an increase of $950 in accounts receivable. What is the net cash effect of these changes?
Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
Posted Date: