Question
Below is some financial information for your last two months. March April Some Income Statement Items : NetIncome $(5,000) $ 5,000 Depreciationexpense $ 1,000 $
Below is some financial information for your last two months. March April Some Income Statement Items: NetIncome $(5,000) $ 5,000 Depreciationexpense $ 1,000 $ 1,000 Some Balance Sheet Items: Inventory $ 5,000 $ 8,000 AccountsReceivable $ 3,000 $ 5,000 AccountsPayable $ 4,000 $ 6,000 Long TermDebt $10,000 $12,000 Based on this information, what was your company's operating cash flow for the month of April?
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Contemporary Labor Economics
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
11th Edition
1259290602, 1259290603, 978-1259290602
