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E12-5 Understanding the Computation of Cash Flows from Operating Activities (Indirect Met The folowing information applies to the questions displayed below.] Suppose your company sells

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E12-5 Understanding the Computation of Cash Flows from Operating Activities (Indirect Met The folowing information applies to the questions displayed below.] Suppose your company sells goods for $450, of which $275 is received in cash and $175 is on account. The goods cost your company $155 and were paid for in a previous period. Your company also recorded salaries and wages of $145, of which only $45 has been paid in cash. References

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