Question: From the following, calculate the net cash flow from operating activities using the indirect method: Merchandise Inventory Accounts Receivable Prepaid Insurance Accounts Payable Accrued Salaries
From the following, calculate the net cash flow from operating activities using the indirect method:
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Merchandise Inventory Accounts Receivable Prepaid Insurance Accounts Payable Accrued Salaries 2012 $2,000 500 400 1,000 500 For the year ended 2013 Net Income Amortization Expense 2013 $2,500 700 300 600 700 $1,900 500
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