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A company's net income was $100,000, depreciation expense was $8,000, accounts receivable decreased by $7,500, and accounts payable decreased by $2,500. What is the
A company's net income was $100,000, depreciation expense was $8,000, accounts receivable decreased by $7,500, and accounts payable decreased by $2,500. What is the amount of net cash flows from operating activities (O.A.)?
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul Copley
12th edition
0078025818, 978-0078025815
