You are given the following information for Thrice Corp.:

You are given the following information for Thrice Corp.:
  Decrease in inventory    $    540   
  Decrease in accounts payable         220   
  Increase in notes payable         205   
  Increase in accounts receivable         235   
 

Did cash go up or down? By how much?




Note: Intermediate answers are shown below as rounded, but the full answer was used to complete the calculation.

A decrease in inventory is a source of cash.
A decrease in accounts payable is a use of cash.
An increase in notes payable is a source of cash.
An increase in accounts receivable is a use of cash.

Change in cash = Sources − Uses
Change in cash = $540 − 220 + 205 − 235
Change in cash = $290

Cash increased by $290