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During the Year, Al's Tools Decreased Its Accounts Receivable by $160

Question 32

Multiple Choice

During the year, Al's Tools decreased its accounts receivable by $160, increased its inventory by $115, and decreased its accounts payable by $70. How did these three accounts affect the sources of uses of cash by the firm?


A) Net source of cash of $120
B) Net source of cash of $205
C) Net source of cash of $45
D) Net use of cash of $115
E) Net use of cash of $25

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