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hiii please u need help on this, i do not undertand how to do it Question 2 011 pts The following selected account balances appeared
hiii please u need help on this, i do not undertand how to do it
Question 2 011 pts The following selected account balances appeared on the financial statements of the Franklin Company Accounts Receivable, Jan. 1 $13,000 Accounts Receivable. Dec. 31 9,000 Accounts Payable, Jan. 1 4,000 Accounts Payable. Dec. 31 7.000 Merchandise Inventory, Jan 1 10,000 Merchandise Inventory, Dec 31 15.000 Sales 50,000 Cost of Goods Sold 31,000 The Franklin Company uses the direct method to calculate net cash flow from operating activities. Cash collections from customers are: Answer $60,000 $56,000 wered $52,000 $45,000 Step by Step Solution
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