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Required information [ The following information applies to the questions displayed below. ] Suppose your company sells services of $ 3 3 0 in exchange
Required information
The following information applies to the questions displayed below.
Suppose your company sells services of $ in exchange for $ cash and $ on account. Depreciation of $
relating to equipment also is recorded.
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 to net cash flow from operating activities requirement
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.
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