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13 Problem 9-27 Cash Flows and Working Capital (L04) 10 points A house painting business had revenues of $17,000 and expenses of $10,000 last summer.
13 Problem 9-27 Cash Flows and Working Capital (L04) 10 points A house painting business had revenues of $17,000 and expenses of $10,000 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital: Accounts receivable Accounts payable Beginning of Year $2,200 900 End of Year $5,500 400 eBook Calculate net cash flow for the business for this period. Print Net cash flow References
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