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  • Jul 22, 2007, 08:15 PM
    paradigm26
    Accounts receivable from sales
    Accounts receivable arising from sales to customers amounted to $35k and $40k at the beginning and endof the year, respectively. Income reported on the income statement for the year was $120k Exclusive of the effect of tother adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

    a. $120k
    b. $125k
    c. $155k
    d. $115k
  • Jul 22, 2007, 08:28 PM
    CaptainForest
    What do YOU think the answer is?

    This applies to all of your homework questions.

    Make an attempt at it, tell us what you think the answer is and WHY, and then we will assist you.

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