The accounting records of Fuzzy Dice Auto Parts reveal the following: Requirement 1. Compute cash flows from

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The accounting records of Fuzzy Dice Auto Parts reveal the following:

$ 31,000 Net income 13,000 Payment of income tax 16,000 Collection of dividend revenue 6,000 Payment to supplicrs 117,00

Requirement
1. Compute cash flows from operating activities using the directmethod.

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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