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Stimulus Industries Inc has 2011 total current assets of $14,871,000. Last year the total current assets...

Stimulus Industries Inc has 2011 total current assets of $14,871,000. Last year the total current assets were equal to $12,462,000, The change in total current assets is a __________ of cash in the amount of __________ .

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Answer #1

Use of cash = 14,871,000 - 12,462,000 = $2,409,000

Use; $2,409,000

The change in total current assets is a Use of cash in the amount of $2,409,000.

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