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How Would a $15,000 Decrease in AR and a $8,000

Question 205

Multiple Choice

How would a $15,000 decrease in AR and a $8,000 increase in inventory affect cash?

A) $15,000 source; $8,000 use
B) $15,000 use; $8,000 source
C) $7,000 use
D) $23,000 use
E) $23,000 source

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