Business, 29.07.2020 17:01 bferguson8956

Assuming Net Income for the year is $115,000, what is the net operating cash flows given the following information: Increase in Salaries Payable $15,000 Depreciation Expense $6,000 Increase in Prepaid Rent $24,000 Loss on sale of asset $1,000 Increase in Accounts Payable $25,000 Increase in Inventory $50,000

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Assuming Net Income for the year is $115,000, what is the net operating cash flows given the followi...

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