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The Need and Necessity of Research and Technological Tools Assignments | Online Homework Help

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Assignment 6: Exercise #1: From the following, calculate the net cash flows from operating activities (use the direct method): Sales $9,900 Cost of Goods Sold $4,520 Salaries Expense $1,400 Insurance Expense $960 Other Expenses (all cash) $1,300 Changes in current assets and liabilities:   Accounts Receivable increased by $600.   Inventory increased by $500.   Accounts Payable increased by $120.   Salaries Payable decreased by $200. …

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