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consider a firm that spends 6 0 0 to produce goods in period 1 . In period 2 , it sells half of those goods

consider a firm that spends 600 to produce goods in period 1. In period 2, it sells half of those goods for $350, but its customers pay their bills with a delay, so payment is not recorded until one period later. In period 2, it sells the other half of the goods for $450, and it collects payment on these sales in period 4. Calculate the net cash flow for this firm in period 3.

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