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How much cash will increase during the month of october

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Reference no: EM132949357

Problem 1: York Corporation has budgeted activity for October to reflect net income $250,000. All sales are credit sales. Receivables are planned to increase by $35,000, payables to decrease by $30,000 and Depreciation Expense is $30,000. Use this information to determine how much cash will increase (decrease) during the month of October. Enter as a whole number (no cents).

Reference no: EM132949357

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