Cairns Consulting Corp. company records revealed the following for the current year: Increase in inventory $7,000...

 

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Cairns Consulting Corp. company records revealed the following for the current year: Increase in inventory $7,000 Depreciation expense 24,000 Decrease in accounts payable 3,000 Decrease in accounts 9,000 receivable Net loss 25,000 What was the net cash flow from operating activities for the year? Cairns Consulting Corp. company records revealed the following for the current year: Increase in inventory $7,000 Depreciation expense 24,000 Decrease in accounts payable 3,000 Decrease in accounts 9,000 receivable Net loss 25,000 What was the net cash flow from operating activities for the year?

Answer rating: 100% (QA)

To calculate the net cash flow from operating activities we need to consider the c... View the full answer