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How much cash will increase during the month of March

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Reference no: EM133092674

Question - 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 $-15,000 payables to increase (decrease -) by $-23,000 and Depreciation Expense is $48,000. Use this information to determine how much cash will increase (decrease) during the month of March.

Reference no: EM133092674

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