Forsyth Company had a beginning balance in utilities payable of $3,300 and an ending balance of $5,200.

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Forsyth Company had a beginning balance in utilities payable of $3,300 and an ending balance of $5,200. Net income amounted to $87,000. 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

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Authors: Edmonds, Tsay, olds

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Question Posted: Dec 07, 2011 07:03 AM

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Forsyth Company had a beginning balance in utilities payable of $3,300 and an ending balance of $5,200.

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Fundamental Managerial Accounting Concepts

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