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0 Rachel's Recordings reported net income of $230.000. Beginning balances in Accounts Receivable and Accounts Payable were $15,000 and $21,000 respectively. Ending balances in
0 Rachel's Recordings reported net income of $230.000. Beginning balances in Accounts Receivable and Accounts Payable were $15,000 and $21,000 respectively. Ending balances in these accounts were $8,500 and $28.000 respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be 304525 Multiple Choice $216,5001 $243.500 $230,000 $236,500
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