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3 Need help ASAP Question 3 Buster Company reported a net loss of $3,000 for the year ended December 31, 2011. During the year, accounts
3 Need help ASAP
Question 3
Buster Company reported a net loss of $3,000 for the year ended December 31, 2011. During the year, accounts receivable increased $7,000, merchandise inventory decreased $5,000, accounts payable decreased by $10,000, and depreciation expense of $5,000 was recorded. During 2010, operating activities
used net cash of $10,000. | ||
provided net cash of $14,000. | ||
used net cash of $14,000. | ||
provided net cash of $9,000. |
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