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A firm has net sales of $6,000, cash expenses (including taxes) of $2,800, and depreciation of $1,000. If accounts receivable increased in the period by $800, cash flows from operations equal:

A) $2,400
B) $3,200
C) $3,400
D) $4,200

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M966309

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