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consider the following cash outflows realized by Franciscan Company for the twelve months ended 1 2 / 3 1 / 2 0 X 7 :
consider the following cash outflows realized by Franciscan Company for the twelve months ended X:
$ cash paid for wages.
$ cash paid for advertising.
$ cash paid to the bank for interest on borrowings.
$ cash paid to the bank for principal on borrowings.
Under US GAAP, what value will Franciscan report on its X Cash Flow Statement as the cash outflow from operating activities?
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