Question
1) The net income for Shepherd Corporation was $80,433 for the year ended December 31, 2016. Related information follows: Depreciation of equipment 10,620 Loss on
1) The net income for Shepherd Corporation was $80,433 for the year ended December 31, 2016. Related information follows:
Cash flows from operating activities during 2016 should be reported as:__________
2) If sales revenue is $104,739 and accounts receivable decreased by $11,199, the amount of cash received from customers $_____________ |
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