Based on the following information, what are Ever Green's cash flows from operations? The company reported profits
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Based on the following information, what are Ever Green's cash flows from operations? The company reported profits of $18,000 and claimed amortization of $4,000, while accounts receivable increased by $4,000, inventories decreased by $8,000, and accounts payable increased by $4,000.
Accounts PayableAccounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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Related Book For
Financial Management Theory And Practice
ISBN: 978-0176583057
3rd Canadian Edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
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