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Information Regarding the Martin Company in 2010 Appears Below What Was Martin's Net Increase in Cash?
A)$190, 000
B)$225

question 47

Multiple Choice

Information regarding the Martin Company in 2010 appears below:  Net income $140,000 Dividends paid 20,000 Decrease in inventory 15,000 Increase in accounts payable 30,000 Proceeds from issue of common stock 70,000 Depreciation expense 10,000\begin{array}{ll}\text { Net income } & \$ 140,000 \\\text { Dividends paid } & 20,000 \\\text { Decrease in inventory } & 15,000\\\text { Increase in accounts payable } & 30,000 \\\text { Proceeds from issue of common stock } & 70,000 \\\text { Depreciation expense } & 10,000\end{array} What was Martin's net increase in cash?


Definitions:

SQ3R Reading System

A reading comprehension technique including five steps: Survey, Question, Read, Recite, and Review, designed to improve understanding and retention of written information.

Retain

To keep in one's memory or possession; holding onto information or items.

Organized

Refers to the state of being efficiently arranged or structured, often enhancing productivity and clarity.

SQ3R Reading System

A reading comprehension method named for its five steps: Survey, Question, Read, Recite, and Review, designed to improve understanding and retention of material.

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