On the statement of cash flows, if inventory decreases: Select one: a. it is a source of
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On the statement of cash flows, if inventory decreases: Select one: a. it is a source of cash, since the firm is selling inventory b. it is a source of cash, since the firm is buying inventory that it can resell for cash c. it is a use of cash, since the firm is selling inventory it purchased with cash d. it is a use of cash, since the firm is buying inventory and using cash
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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