In 2012,The W D Company reported the following increases or decreases in current assets and current liabilities.Identify whether each of these increases or decreases caused cash to increase or decrease.Show increases with a (+)in front of the amount and decreases with a (-)in front of the amount in the column labelled cash effect.
Definitions:
Book Value
The value of an asset as it appears on a balance sheet, calculated by subtracting depreciation from the asset's cost.
Treasury Stock
Shares that were once part of the outstanding shares but were bought back by the company and are held in the company's treasury.
Equipment
Tangible assets used in the operations of a business, such as machinery, computers, and tools, which have a useful life of more than one year.
Spreadsheet
A digital worksheet that organizes data in rows and columns, often used for calculations, data analysis, and information storage.
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