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A company records a net profit of $240 for the year. Other information for the year: Depreciation expense: $50 Increase in Accounts Receivable: $40 Decrease
A company records a net profit of $240 for the year. Other information for the year:
Depreciation expense: | $50 |
Increase in Accounts Receivable: | $40 |
Decrease in Accounts Payable: | $30 |
Cash flow from operating activities is:
$360. | ||
$300. | ||
$220. | ||
$260. |
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