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New Vision Company completed its income statement and balance sheet and provided the following information: Required: 1. Present the operating activities section of the statement

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New Vision Company completed its income statement and balance sheet and provided the following information: Required: 1. Present the operating activities section of the statement of cash flows for New Vision Company using the direct method. Assume that Accounts Payable relate to Utilies and Office Expenses on the income statement. 2. If payments for salaries and wages were to increase by 10 percent throughout the year, by what dollar amount and in what directior would operating cash flows change

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