Using the indirect method, calculate the cash inflow or outflow from operating activities, using the following information:
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Using the indirect method, calculate the cash inflow or outflow from operating activities, using the following information:
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Denman Inc. Comparative Balance Sheet Information December 31 2020 2019 Cash. Accounts receivable (net). $ 10 $ 25 28 36 Merchandise inventory. 49 22 Prepaid rent. 4 Office supplies. 3 4 Property, plant, and equipment (net)". Accounts payable.. 120 145 18 20 Unearned revenue.. Common shares 90 90 Retained earnings** 100 124
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1260305838
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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