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Business, 19.08.2020 18:01 samtrevino22

For the year just ended, you have gathered the following information on the Holly Corporation: A $200 dividend was paid. Accounts payable increased by $500. Fixed asset purchases were $900. Inventories increased by $625. Long-term debt decreased by $1,200. Label each item as a source or use of cash and describe its effect on the firm’s cash balance.

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For the year just ended, you have gathered the following information on the Holly Corporation: A $20...
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