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L 0 4 E 1 3 - 1 0 B . Operating Cash Flows ( Direct Method ) The Thurston Company's current year income statement

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L04 E13-10B. Operating Cash Flows (Direct Method) The Thurston Company's current year income statement (Appendix 13A) contains the following data: Thurston's comparative balance sheets show the following data (accounts payable relate to merchandise purchases): Compute Thurston's current-year cash received from customers and cash paid for merchandise purchased.
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