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will thumb up if correct, show works too!! i dont know how to calculate the amount The comparative statement of financial position for Cullumber Corporation
will thumb up if correct, show works too!! i dont know how to calculate the amount
The comparative statement of financial position for Cullumber Corporation shows the following noncash current asset and liabifity accounts at March 31: Cullumber's statement of income reported the following selected information for the year ended March 31, 2024: sales were $880,000, cost of goods sold was $470,000, other operating expenses were $227,000 (which included depreciation expense of $20,000 ), salaries expense was $52,500, and income tax expense was $15,000. Calculate net cash provided (used) by operating activities using the direct method. Cullumber's statement of income reported the following selected information for the year ended March 31, 2024:sales were $880,000, cost of goods sold was $470,000, other operating expenses were $227,000 (which included depreciation expense of $20,000 ), salaries expense was $52,500, and income tax expense was $15,000. Calculate net cash provided (used) by operating activities using the direct method Step by Step Solution
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