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Business, 07.04.2020 16:55 ravenl1001

Cash Flows and Working capital. A house painting business had revenues of $16,000 and expenses of $9,000. There was no depreciation expenses. However, the business reported the follow changes in working capital.
Beginning End
Accounts receivable $ 1,200 $ 4,500
Accounts payable 700 300
Calculate net cash flow for the business for this period.

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Cash Flows and Working capital. A house painting business had revenues of $16,000 and expenses of $9...
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