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Jeff's Stereos Is Expanding Its Product Offerings Which Includes Increasing

Question 50

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Jeff's Stereos is expanding its product offerings which includes increasing the floor inventory by $150,000,increasing accounts receivable by $35,000,and increasing its debt to suppliers by $75,000.The company will also spend $200,000 for a building contractor to expand the size of the showroom.What is the amount of the project's initial cash flow?


A) −$240,000
B) −$310,000
C) −$160,000
D) −$295,000
E) −$175,000

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