Cash Flows and Working Capital. A house painting business had revenues of $16,000 and expenses of $9,000.
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Cash Flows and Working Capital. A house painting business had revenues of $16,000 and expenses of $9,000. There were no depreciation expenses. However, the business reported the following changes in various components of working capital:
Calculate net cash flow for the business for this period.
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Related Book For
Study Guide To Accompany Fundamentals Of Corporate Finance
ISBN: 9780073012421
5th Edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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