Question: Saved Help Save & Exit Submit Rachel's Recordings reported net income of $280,000. Beginning balances in Accounts Receivable and Accounts Payable were $20,000 and $23.000

Saved Help Save & Exit Submit Rachel's Recordings reported net income of $280,000. Beginning balances in Accounts Receivable and Accounts Payable were $20,000 and $23.000 respectively. Ending balances in these accounts were $12,500 and $29.000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be: Multiple Choice $287,500 $280,000 $293.500 $266,500

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