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A house painting business had revenues of $17,400 and expenses of $10,400. There were no depreciation expenses. However, the business reported the following changes in
A house painting business had revenues of $17,400 and expenses of $10,400. There were no depreciation expenses. However, the business reported the following changes in working capital:
Beginning | End | |
Accounts receivable | $2,600 | $5,900 |
Accounts payable | 980 | 440 |
Calculate net cash flow for the business for this period. |
Net cash flow | $ |
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