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Business, 21.06.2020 03:57 googoo4

Accounts receivable resulting from sales to customers amounted to $40,000 and $31,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $120,000. Exclusive of the effect of other adjustments, the net cash flows from operating activities to be reported on the statement of cash flows using the indirect method is a.$129,000 b.$111,000 c.$120,000 d.$151,000

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