Question
Toms Wear collected $6,000 in cash sales, recognized depreciation expense of $4,600, received interest of $75, paid a $500 account payable, and paid $125 in
Toms Wear collected $6,000 in cash sales, recognized depreciation expense of $4,600, received interest of $75, paid a $500 account payable, and paid $125 in dividends. The amount of net cash from (or used) for OPERATING activities is: a. $850. b. $5,450. c. $5,575. d. $825.
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Management Accounting For Business
Authors: Colin Drury, Mike Tayles
8th Edition
1473778808, 978-1473778801
