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Loring Company reported net income of $223000. Beginning and ending inventory balances were $47000 and $49000, respectively. Accounts Payable balances at the beginning and end
Loring Company reported net income of $223000. Beginning and ending inventory balances were $47000 and $49000, respectively. Accounts Payable balances at the beginning and end of the year were $42000 and $39000, respectively. Assuming that all relevant information has been presented, the company would report net operating cash flows of:
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