Matseleng195 Matseleng195

03-06-2023
Business

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York Corporation has budgeted activity for October to reflect net income $220,000. All sales are credit sales. Receivables are planned to increase by $25,000, payables to increase by $30,000 and Depreciation Expense is $60,000. Use this information to determine how much cash will increase (decrease) during the month of October. Enter as a whole number (no cents).

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