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Operating Activities Direct Method 1) The following information is available from Ram Corp.s accounting records for the year ended December 31, 2022: Cash paid to
Operating Activities Direct Method
1) The following information is available from Ram Corp.s accounting records for the year ended December 31, 2022:
Cash paid to suppliers and employee 1,020,000
Cash dividends paid 60,000
Cash received from customers 1,740,000
Rent received 20,000
Taxes paid 220,000
Net cash flow provided by operating activities for 2022 was
A. 440,000
B. 460,000
C. 500,000
D. 520,000
Operating Activities Direct Method
1) The following information is available from Ram Corp.s accounting records for the year ended December 31, 2022:
Cash paid to suppliers and employee 1,020,000
Cash dividends paid 60,000
Cash received from customers 1,740,000
Rent received 20,000
Taxes paid 220,000
Net cash flow provided by operating activities for 2022 was
A. 440,000
B. 460,000
C. 500,000
D. 520,000
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