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Darlington Company experienced the following business events during its first month of operations. The company uses the perpetual inventory system. 1) The company purchased $13.400
Darlington Company experienced the following business events during its first month of operations. The company uses the perpetual inventory system. 1) The company purchased $13.400 of merchandise on account under terms 3/10, 1/30. 2) The company returned $2,100 of merchandise to the supplier before payment was made. 3) The liability was paid within the discount period. 4) All of the merchandise purchased was sold for $20,600 cash. What is the net cash flow from operating activities as a result of the four transactions? Multiple Choice $10.961 $7,200 $9.639 $5,100
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