Question

What is the net addition to cash given the information below? Decrease in inventory = $5,250...

What is the net addition to cash given the information below?

Decrease in inventory = $5,250
Increase in accounts receivable = $7,650
Decrease in net fixed assets = $9,150
Increase in accounts payable = $6,250
Decrease in notes payable = $8,750
Increase in long-term debt = $8,500
Decrease in retained earnings = $1,150
Increase in common stock = $5,550

a. -23450

b. 11650

c. -11650

d. -17150

e. 17150

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Option E $17150

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