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Business, 17.01.2020 06:31 fatimitashikita

Abc company is a manufacturing firm. at the beginning of july, abc had a total inventory balance of $48,000. during the month of july, abc had the following transactions. purchased raw materials costing $6,000paid office staff salaries of $1,000paid production staff salaries of $3,000purchased office equipment costing $37,000purchased production equipment costing $21,000recognized $5,000 depreciation on the office equipmentrecognized $2,000 depreciation on the production equipmentsold $25,000 worth of finished goods for $72,000 cashassume all transactions, except depreciation, are for cash. what is abc company's net cash flow from operating activities?

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