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What is the net addition to cash given the information below ? Decrease in inventory =...

What is the net addition to cash given the information below

? Decrease in inventory = $5,250 Increase in accounts receivable = $7,650 Decrease in net fixed assets = $9,150 Increase in accounts payable = $6,250 Decrease in notes payable = $8,750 Increase in long-term debt = $8,500 Decrease in retained earnings = $1,150 Increase in common stock = $5,550

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Expert Solution

Positive cash flow = $18300. Please refer the excel screenshot for

Do let me know if you need further more information on this.

jeff jeffy answered 1 year ago
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