What Is the Overall Change in Cash Resulting From: $300

question 102

Multiple Choice

What is the overall change in cash resulting from: $300 increase in inventories,$150 increase in accounts payable,$120 decrease in accounts receivable,$60 decrease in other current assets,$150 decrease in other current liabilities?

• A) −$120
• B) −$240
• C) $180
• D) $120

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Definitions:

Laissez-faire

Laissez-faire is an economic doctrine or leadership style that promotes minimal to no government intervention in the free market, or a hands-off approach in management.

Big Five

A personality model identifying five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Characteristics

Traits or qualities that define an individual’s distinctive characters, influencing their behaviors, thoughts, and emotions.

Emotional Stability

A personality trait that denotes the ability to remain calm and composed under stress or pressure.