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Candy Canes Inc. spends $190,000 to buy sugar and peppermint in April. It produces its candy and sells it to distributors in May for $250,000,
Candy Canes Inc. spends $190,000 to buy sugar and peppermint in April. It produces its candy and sells it to distributors in May for $250,000, 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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