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! Required information [The following information applies to the questions displayed below.] Suppose your company sells services for $425 cash this month. Your company
! Required information [The following information applies to the questions displayed below.] Suppose your company sells services for $425 cash this month. Your company also pays $250 in salaries and wages, which includes $115 that was payable at the end of the previous month and $135 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. Required 2 Required 3 Required 4 Calculate the amount that should be reported as net cash flow from operating activities. uired 2 Required 3 > Net Cash Inflow from operating activities Net Cash Outflow from operating activities
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