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Find how much cash will increase or decrease during month

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Reference no: EM132770510

Problem 1: Adelphi Company has budgeted activity for March to reflect net income $175,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $-33,000 payables to increase (decrease -) by $-5,000 and Depreciation Expense is $48,000. 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. Round & enter final answer to the nearest whole dollar.)

Reference no: EM132770510

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