{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}


Students_Ch3_Sup_Prob - 400 Increase in accounts receivable...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 3 - Cash Flows Supplemental Problems SP3.1. Based only on the following information for AgraVate Corp., did cash go up or down? If so, by how much? Classify each event as a source or use of cash. Source/Use? Decrease in inventory $350 Decrease in accounts payable 175 Decrease in notes payable
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 400 Increase in accounts receivable 600 SP3.2. For the year just ended, AWOL Co. shows an increase in its net fixed assets account of $370. The company took $130 in depreciation expense for the year. How much did AWOL spend on new fixed assets? Is this a source or use of cash?...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online