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A house painting business had revenues of $17,600 and expenses of $10,600 last summer. There were no depreciation expenses. However, the business reported the following
A house painting business had revenues of $17,600 and expenses of $10,600 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital: |
Beginning | End | |
Accounts receivable | $2,800 | $6,100 |
Accounts payable | 1,020 | 460 |
Calculate net cash flow for the business for this period. |
Net cash flow | $ |
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