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Determine how much cash will increase

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Question - York Corporation has budgeted activity for October to reflect net income $260,000. All sales are credit sales. Receivables are planned to increase by $25,000, payables to increase by $40,000 and Depreciation Expense is $40,000. Use this information to determine how much cash will increase (decrease) during the month of October.

Reference no: EM133120778

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