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A company has the following accounting items in its operating activities section of the cash flows statement: Net income of $373,000, a loss on sale
A company has the following accounting items in its operating activities section of the cash flows statement: Net income of $373,000, a loss on sale of equipment of $36,000, and a decrease in accounts receivable of $12,000 during the year. How much will be the net cash flows from operating activities if the indirect method is used? (Ch5) $325,000 $349,000 $397,000 $421,000
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