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If a Firm Has Net Sales of $30,000, Cash Expenses

Question 25

Multiple Choice

If a firm has net sales of $30,000, cash expenses including taaxes of $14,000 and depreciation of $5,000, what are the cash flows from operations if accounts receivable increase by $4,000 over the latest period?


A) $10,000
B) $11,000
C) $12,000
D) $12,500

Correct Answer:

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