A firm received R2 000 000 from customers during the past year. Suppliers and employees were paid

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A firm received R2 000 000 from customers during the past year. Suppliers and employees were paid R800 000. The firm paid interest of R20 000 and received no interest. The firm paid dividends of R40 000 and taxes of R500 000.

The cash flow from operating activities is closest to:

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Jul 20, 2023 08:24 AM

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A firm received R2 000 000 from customers during the past year. Suppliers and employees were paid

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To calculate the cash flow from operating activities we use the ind... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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