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Business, 27.11.2020 21:00 keishlav5183

Assuming net income for the year is $115,000, what is the net cash flows from operating activities 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 Multiple Choice $188,000. $88,000. $112,000. $118,000.

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Assuming net income for the year is $115,000, what is the net cash flows from operating activities g...
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