A house painting business had revenues of 17000 and, Ask an Expert

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A house painting business had revenues of $17,000 and expenses of $10,000 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:

Beginning End

Accounts receivable $2,200 $5,500

Accounts payable 900 400

Calculate net cash flow for the business for this period.

Net cash flow $ _________

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92089724

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