You are given the following information for Ortiz Corporation: Decrease in inventory $ 610 Decrease in accounts payable 255 Increase in notes payable 240 Increase in accounts receivable 270 Did cash go up or down? By how much?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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You are given the following information for Ortiz Corporation:

   

Decrease in inventory $ 610
Decrease in accounts payable 255
Increase in notes payable 240
Increase in accounts receivable 270

  

Did cash go up or down? By how much?

  

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