A house painting business had revenues of 17600 and, Ask an Expert

Economics

A house painting business had revenues of $17,600 and expenses of $10,600 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:

Accounts receivable: Beginning $2,800; End $6,100;

Accounts payable: Beginning1,020; End 460;

Calculate net cash flow for the business for this period.

Net cash flow: $______________

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91678291

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