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Identify the sources and uses of cash for Blackhurst Corporation for 2014 based on the following yearend Balance Sheets 2013 2014 As

Identify the sources and uses of cash for Blackhurst Corporation for 2014 based on the following year-end Balance Sheets

2013 2014

Assets

Cash 40 30

Accounts Receivable 100 150

Inventory 135 125

Net Fixed Assets 200 240

Total 475 545

Liabilities and Equity

Bank Loan 40 100

Long-term debt 200 180

Equity 235 265

475 545

	a.	Sources = 60 ; Uses = 60
	b.	Sources = 90 ; Uses = 110
	c.	Sources = 110 ; Uses = 110
	d.	Sources = 110 ; Uses = 70

Apr 03 2020 View more View Less

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Identify the sources and uses of cash for Blackhurst Corporation for 2014 based on the following yearend Balance Sheets 2013 2014 As

Answer (Solved)

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