A firm received R2 000 000 from customers during the past year. Suppliers and employees were paid
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A firm received R2 000 000 from customers during the past year. Suppliers and employees were paid R800 000. The firm paid interest of R20 000 and received no interest. The firm paid dividends of R40 000 and taxes of R500 000.
The cash flow from operating activities is closest to:
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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