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Find how much cash will decrease during the month of march

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Reference no: EM132660866

Problem 1: Adelphi Company has budgeted activity for March to reflect net income $170,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $-39,000 payables to increase (decrease -) by $31,000 and Depreciation Expense is $44,000. Use this information to determine how much cash will increase (decrease) during the month of March. (Decreases in accounts receivable or accounts payable will have a negative sign in front of number.

Reference no: EM132660866

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