Question: You are given the following information for Thrice Corp.: Decrease in inventory $ 520 Decrease in accounts payable 210 Increase in notes payable 195 Increase

You are given the following information for Thrice Corp.:

Decrease in inventory $ 520 Decrease in accounts payable 210 Increase in notes payable 195 Increase in accounts receivable 225

Did cash go up or down? By how much?

Classify each event as a source or use of cash.

A decrease in inventory is a . A decrease in accounts payable is a . An increase in notes payable is a . An increase in accounts receivable is a .

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