Solved: Difference between profits and cash flow, Accounting Basics

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Difference between profits and cash flow

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Q: During the last year of operations, accounts receivable increased by $10,900, accounts payable increased by $5,900 and inventories decreased by $2,900. What is the total impact of these changes on the difference between profits and cash flow?

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Accounting Basics: Difference between profits and cash flow

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Accounting Basics: Difference between profits and cash flow

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