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The following information related to Sally Sales Inc. is for the year ended June 30, 2019. Calculate net cash flow from operating activities: Sales on
The following information related to Sally Sales Inc. is for the year ended June 30, 2019. Calculate net cash flow from operating activities:
Sales on credit $49,000
Collections from customers 36,400
Cost of goods sold 33,000
Payments to inventory suppliers 20,300
Amortization expense 950
Operating expenses 8,550
Payments for operating expenses 5,000
Interest and taxes paid 1,750
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