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Need help on the given question. Required information [The following information applies to the questions displayed below.] Suppose your company sells services for $335 cash
Need help on the given question.
Required information [The following information applies to the questions displayed below.] Suppose your company sells services for $335 cash this month. Your company also pays $115 in salaries and wages, which includes $25 that was payable at the end of the previous month and $90 for salaries and wages of this month. 2. Calculate the amount that should be reported as net cash flow from operating activities. 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requirement 2). Complete this question by entering your answers in the tabs below. Calculate the amount that should be reported as net cash flow from operating activities. Calculate the amount that should be reported as net income. Show how the indirect method would convert net income (requirement 3 ) to net cash flow from operating activities requirement 2). (Amounts to be deducted should be indicated with a minus sign.)
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