Question
Cairns Consulting Corp. company records revealed the following for the current year: Increase in inventory $7,000 Depreciation expense 24,000 Decrease in accounts payable 3,000
Cairns Consulting Corp. company records revealed the following for the current year: Increase in inventory $7,000 Depreciation expense 24,000 Decrease in accounts payable 3,000 Decrease in accounts 9,000 receivable Net loss 25,000 What was the net cash flow from operating activities for the year?
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
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