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What Is the Overall Change in Cash Resulting From: $300

Question 103

Multiple Choice

What is the overall change in cash resulting from: $300 increase in inventories,$150 increase in accounts payable,$120 decrease in accounts receivable,$60 decrease in other current assets,$150 decrease in other current liabilities?


A) −$120
B) −$240
C) $180
D) $120

Correct Answer:

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