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Business, 21.04.2020 15:54 apere655

Rachel's Recordings reported net income of $240,000. Beginning balances in Accounts Receivable and Accounts Payable were $15,000 and $21,000 respectively. Ending balances in these accounts were $9,500 and $29,000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be:

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Rachel's Recordings reported net income of $240,000. Beginning balances in Accounts Receivable and A...

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