Erie corporation s cash flow statement shows an increase in


Erie Corporation s cash flow statement shows an increase in cash of $1,126,357. Which of the following transactions contributed to the cash increase?

A decrease in accounts payable of $1,126,357

A decrease in accounts receivable of $730,114

A decrease in long term bonds of $954,598

An increase in inventory of $759,885

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Erie corporation s cash flow statement shows an increase in
Reference No:- TGS01293163

Expected delivery within 24 Hours