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Carey Properties, LLC had the following cash flows during July: -Cash paid for inventory $20000 -cash wages to employees $40000 -cash sales collected $100000 -purchase
Carey Properties, LLC had the following cash flows during July:
-Cash paid for inventory $20000
-cash wages to employees $40000
-cash sales collected $100000
-purchase of equipment for cash $60000
- proceeds from a bank loan $70000
What was the net cash flow during July:
a) $40,000 inflow
b) $80,000 outflow
c) $120,000 outflow
d) $50,000 inflow
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