HORNGREN'S FINANCIAL & MANGERIAL ACCOUNT
HORNGREN'S FINANCIAL & MANGERIAL ACCOUNT
7th Edition
ISBN: 9780136505273
Author: MILLER-NOBLES
Publisher: PEARSON
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Chapter 14, Problem 10RQ

If current liabilities increase, what is the effect on cash? What about a decrease in current liabilities?

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What is discounting and why do we discount future cash flows?
If current liabilities increase, what is the effect on cash? What about a decrease in current liabilities?
What happens to cash if the value of other current assets rises? Is it possible that current assets, other from cash, may decrease?
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