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Use the direct method to determine cash flows from operating activities The following accounts and corresponding balances were drawn from Marinelli Company's and 2016 year-end
Use the direct method to determine cash flows from operating activities The following accounts and corresponding balances were drawn from Marinelli Company's and 2016 year-end balance sheets: The 2017 income statement is shown below: a. Use the direct method to compute the amount of cash inflows from operating activities. b. Use the direct method to compute the amount of cash outflows from operating activities
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