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4. Otto's Office Supplies, Inc. has an aecrual basis net income of S208,000 in 2016 and the following related items: Accounts receivable decrease Inventory decrease
4. Otto's Office Supplies, Inc. has an aecrual basis net income of S208,000 in 2016 and the following related items: Accounts receivable decrease Inventory decrease 28,000 20,000 What is Otto's Office Supplies, Ine.'s net eash flow from operating activities in 2016? 5COMPANY REPORTED ANNUAL SALES REVENUE OF $1,100,000 IN 2016. DURING THE YEAR, AccotNTS RECEVABLE DECREASED FROM A S28,000 BEGNNNG BALANCE TO A S24.000 ENDING BALANCE HOW MUCH IS CASH RECEIVED,FROM CUSTOMERS FOR THE YEAR? 6. A coMPANY REPORTED ANNUAL SALES REVENUE OF S2,200,000 N 2016, ACCOUNTS PAYABLE DECREASED FROM A S44,000 BEGINNING BALANCE TO A S32,000 ENDING BALANCE. How MUCH IS CASH RECEIVED FROM CUSTOMERS FROM SALES FOR THE YEAR
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