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The Hamada Company sales for 2024 totaled $157,000 and purchases totaled $86,000. Selected January 1, 2024, balances were: accounts receivable, $19,300; inventory, $15,900; and
The Hamada Company sales for 2024 totaled $157,000 and purchases totaled $86,000. Selected January 1, 2024, balances were: accounts receivable, $19,300; inventory, $15,900; and accounts payable, $11,700. December 31, 2024, balances were: accounts receivable, $15,700; inventory, $17,200; and accounts payable, $13,000. Net cash flows from these activities were: Multiple Choice
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