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Business, 03.12.2021 01:00 ecob35

Innovative Products reported net income of $220,000. Beginning and ending inventory balances were $45,000 and $47,500, respectively. Accounts Payable balances at the beginning and end of the year were $40,500 and $36,000, respectively. Assuming that all relevant information has been presented, the company would report net operating cash flows of:

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Innovative Products reported net income of $220,000. Beginning and ending inventory balances were $4...

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