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18. In a cash budget, net cash flow for the month is defined as: arevenues minus cost of goods sold b. monthly receipts minus monthly
18. In a cash budget, net cash flow for the month is defined as: arevenues minus cost of goods sold b. monthly receipts minus monthly payments c. earning before taxes minus income taxes d. operating profit minus interest expense and income taxes
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Lawrence Tomassini
5th Edition
0077282078, 9780077282073
