Question
Shamrock Company's accounts receivable arising from sales to customers amounted to $98000 and $86000 at the beginning and end of the year, respectively. Income reported
Shamrock Company's accounts receivable arising from sales to customers amounted to $98000 and $86000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $375000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is?
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Using Accounting & Financial InformationAnalyzing, Forecasting, And Decision Making
Authors: Mark S. Bettner
2nd Edition
1947098683, 9781947098688
