Question
The following information is available for QDC Devices Inc. Use this information to answer the question below: Category Accounts payable Cash Accounts receivable 700
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The following information is available for QDC Devices Inc. Use this information to answer the question below: Category Accounts payable Cash Accounts receivable 700 COGS Common stock Interest expense Inventories Long-term debt Net fixed assets Depreciation expense 10 Notes payable General & Adm. expenses 2021 ($) Retained earnings 750 Revenue/Sales 100 600 2,500 70 1,300 2,000 5,950 200 80 2,600 1,000 2022 ($) 800 950 300 650 3,900 40 90 1,100 1,700 7,150 400 110 2,700 1,200 Taxes 95 120 Calculate the net cash flow from operating activities in 2022.
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
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