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Flynn Company reported a net loss of $30,000 for the year ended December 31, 2011. During the year, accounts receivable decreased $15,000, merchandise inventory increased

Flynn Company reported a net loss of $30,000 for the year ended December 31, 2011. During the year, accounts receivable decreased $15,000, merchandise inventory increased $24,000, accounts payable increased by $30,000, and depreciation expense of $15,000 was recorded. During 2011, operating activities

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