Question
Super Grocers, Inc., provided the following financial information for the quarter ending September 30, 2020: Depreciation and amortization: $133,414 Net income: $241,463 Decrease in receivables
Super Grocers, Inc., provided the following financial information for the quarter ending September 30, 2020:
Depreciation and amortization: $133,414
Net income: $241,463
Decrease in receivables $112,709
Increase in inventory $81,336
Decrease in accounts payables $62,411
Increase in notes payable $31,225
What is the cash flow from operating activities generated during this quarter by the firm?
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
