ADVANCED: Amazonia can pay suppliers after it has sold to customers. Amazonia has 25% margins and is

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ADVANCED: Amazonia can pay suppliers after it has sold to customers.

Amazonia has 25% margins and is reporting the following Month Jan Feb Mar Apr May Reported Sales $0 $100 $100 $400 $0 Reported Net Income $0 $25 $25 $100 $0 Reported Accounts Payable $0 $75 $75 $300 $0 What are Amazonia’s actual cash flows?

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