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Which Statement Is Correct Given the Following Statement of fiNancial

Question 347

Multiple Choice

Which statement is correct given the following statement of financial position information? Which statement is correct given the following statement of financial position information? A) Accounts receivable was a source of $345 cash. B) Inventory was a use of $398 of cash. C) Net working capital was a use of $408 of cash. D) Accounts payable was a source of $461 cash. E) Net working capital was a source of $514 of cash.


A) Accounts receivable was a source of $345 cash.
B) Inventory was a use of $398 of cash.
C) Net working capital was a use of $408 of cash.
D) Accounts payable was a source of $461 cash.
E) Net working capital was a source of $514 of cash.

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