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How much cash increase or decrease during month of march

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Reference no: EM132958459

Problem 1: Adelphi Company has budgeted activity for March to reflect net income $140,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $-33,000 payables to increase (decrease -) by $-23,000 and Depreciation Expense is $56,000. 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 to nearest whole number (no cents).

Reference no: EM132958459

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