Clover Company had a beginning balance in unearned revenue of $4,300 and an ending balance of $3,200.

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Clover Company had a beginning balance in unearned revenue of $4,300 and an ending balance of $3,200. Net income amounted to $54,000. Based on this information alone, determine the amount of net cash flow from operating activities.

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Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Question Posted: Dec 07, 2011 07:03 AM

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Clover Company had a beginning balance in unearned revenue of $4,300 and an ending balance of $3,200.

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Fundamental Managerial Accounting Concepts

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