The following information for 2014 is extracted from Hartfield Limited: Net income........................................................................................................... $24,500 Accounts receivable decrease................................................................................ 1,000
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Net income........................................................................................................... $24,500
Accounts receivable decrease................................................................................ 1,000
Inventory increase ................................................................................................. 1,500
Depreciation expense............................................................................................ 5,000
Wages payable increase ........................................................................................ 900
Calculate the cash inflow or outflow from operating activities.
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
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