Business, 11.12.2019 21:31 amandaaaa13

Calculating cash flow. kaplan company's income statement for 20x2 showed sales revenues of $1,280, cost of goods sold of $960, and depreciation of $100, yielding a net income of $220. its balance sheets at the beginning and end of the year showed the following amounts, among others: beginning end of of year year merchandise inventory $14 $19 accounts payable . $9 $ 3 accounts receivable $18 $20 required: calculate the amount of cash flow from operating activities using both the direct and indirect methods.

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Calculating cash flow. kaplan company's income statement for 20x2 showed sales revenues of $1,280, c...

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