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27-10-2020
Business

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During the year, Douglass Industries decreased the accounts receivable by $230, decreased the inventory by $150, and increased the accounts payable by $110. These three changes represent a _____ of cash.

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28-10-2020

Answer:

increase

Explanation:

Cash flow from Operating Activities

decreased in accounts receivable ($230)

decreased in the inventory $150

increased in accounts payable $110

Net Cash flow from Operating Activities $30

Thus, these changes represents an increase of cash by $30

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