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Yokum Company had the following transactions for 20X1:
Collections on accounts receivable $236,250
Payments on inventory ($168,750)
Payments for wages and salaries ($78,750)
Payments of dividends ($11,250)
Depreciation expense ($22,500)
Income taxes paid ($27,000)
Proceed received from sale of equipment ($225,000)
Utilities paid ($6,750)
Interest paid on note to local bank ($5,625)
Proceeds from issuance of common stock ($56,250)

Using the transactions above, compute the net cash flow from operating activities.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M961134

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