Explain to the president how could occur
The president of DeAnza-foothill Company is puzzled. During the last year, the company experienced a net loss of $800,000, yet its cash increased $300,000 during the same period of time.Please explain to the president how this could occur.
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What would be the effect on the %u201CNet increase or decrease in cash%u201D on the statement of cash flows if adjustments (a) and (f) were omitted at the end of theyear?
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The president of DeAnza-foothill Company is puzzled. During the last year, the company experienced a net loss of $800,000,yet its cash increased $300,000 during the same period of time.Please explain to the president how this could occur.
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