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Alpha Investments records net income of $320 at the end of year. Over the year, A.I. recorded $50 in depreciation expenses, an increase in receivables
Alpha Investments records net income of $320 at the end of year. Over the year, A.I. recorded $50 in depreciation expenses, an increase in receivables of $20, and a decrease in payables of $30. Assuming there were no other changes in working capital accounts and no gains or losses, how much did A.I. record in operating cash flows? 320
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