How much cash will increase or decrease during the month

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Question - Bob's Company has budgeted activity for March to reflect a net income of $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: EM133079474

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