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Mississippi products co. Had the following positive cash flow during the current year: received cash from customers of 750,000, received bank loans of $35,000 and
Mississippi products co. Had the following positive cash flow during the current year: received cash from customers of 750,000, received bank loans of $35,000 and received cash from the sale of common stock of $145,000. During the same year , cash was paid out to purchase inventory for 345,000 to employees for $ 230,000, and for the purchase of plant assets of 217,000
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