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Business, 24.11.2020 21:10 campilk5

Assuming Net Income for the year is $245,000, what is the net cash flows from operating activities given the following information: Increase in Salaries Payable $ 17,000 Depreciation Expense $ 5,500 Increase in Prepaid Rent $ 27,500 Loss on sale of asset $ 1,400 Increase in Accounts Payable $ 28,000 Increase in Inventory $ 64,000

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Assuming Net Income for the year is $245,000, what is the net cash flows from operating activities g...
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