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A painting business had revenues of $17,000 and expenses of $10,000. There were no depreciation expenses. However, the business reported the following changes in working
A painting business had revenues of $17,000 and expenses of $10,000. There were no depreciation expenses. However, the business reported the following changes in working capital:
Beginning End
Accounts Receivables $2200 $5500
Accounts Payables 900 400
Calculate net cash flow for the business for this period.
A/R =
A/P =
NWC =
Operating CF =
= $..............................
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