Assuming Net Income for the year is $98,000, what is the net cash flows from operating...
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Assuming Net Income for the year is $98,000, what is the net cash flows from operating activities given the following information: $96,000 $98,000 Depreciation Expense $6,000 Increase in Prepaid Rent $4,000 Decrease in Accounts Receivable $3,000 Increase in Inventory $5,000 Increase in Accounts Payable $2,000 O $100,000 $104,000 Assuming Net Income for the year is $98,000, what is the net cash flows from operating activities given the following information: $96,000 $98,000 Depreciation Expense $6,000 Increase in Prepaid Rent $4,000 Decrease in Accounts Receivable $3,000 Increase in Inventory $5,000 Increase in Accounts Payable $2,000 O $100,000 $104,000
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