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Unformatted text preview: outflow obligations. An increase in inventory signals that a company has spent more money to purchase more raw materials. If the inventory was paid with either cash or credit, the increase in the value of inventory is deducted from net sales or increasing account payable. Also this company spent too much money for purchasing inventory, even though they have a lot of account receivable and account payable. And I dont know why this company puts other in statement. Decrease in other current assets this company has to specify which current assets were decreased. Investors dont see this word other. They would not like this. Finally, the net cash by operating activities are negative to 9,216,891. Even though, they earned lots of revenue, they have very dangerous status that they dont have enough cash to pay their bills....
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This note was uploaded on 11/29/2010 for the course BUS 312 taught by Professor Yung during the Fall '09 term at SUNY Stony Brook.
- Fall '09