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The following information is available for ABC Company for the first month of the year. Revenues: $20,000 Expenses: $7,500 Increase in accounts receivable: $500 Increase
The following information is available for ABC Company for the first month of the year. Revenues: $20,000 Expenses: $7,500 Increase in accounts receivable: $500 Increase in Inventory: $1,110 Decrease in supplies: $300 Decrease in accounts payable: $1,600 Decrease in wages payable: $850 Depreciation expense: $2,230 Determine the cash flow from operating activities
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