(Solution) - CHANGE IN CASH AND CASH EQUIVALENTS Himes Company s balance shee -(2025 Original AI-Free Solution)

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CHANGE IN CASH AND CASH EQUIVALENTS Himes Company?s balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to cash and cash equivalents:

Compute the amount of change in cash and cash equivalents and indicate whether it represented an increase or adecrease.