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Candy Canes, Inc., spends $163,000 to buy sugar and peppermint in April. It produces its candy and sells it to distributors in May for $220,000,
Candy Canes, Inc., spends $163,000 to buy sugar and peppermint in April. It produces its candy and sells it to distributors in May for $220,000, but it does not receive payment until June. For each month, find the firms sales, net income, and net cash flow. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign.) |
Candy Canes, Inc. | |||
April | May | June | |
Sales | $ | $ | $ |
Net income | |||
Net cash flow | |||
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