Students_Ch3_Sup_Prob

Students_Ch3_Sup_Prob - 400 Increase in accounts receivable...

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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
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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?...
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This note was uploaded on 08/22/2009 for the course FIN 3310 taught by Professor Potts during the Spring '08 term at Baylor.

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