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    Polytechnic State University Sanluis
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Category > Business & Finance Posted 03 May 2017 My Price 5.00

Dumezweni Company completed its first year of operations

*E13-11 Dumezweni Company completed its first year of operations on December 31, 2014. Its initial income statement showed that Dumezweni had revenues of $195,000 and operat- ing expenses of $78,000. Accounts receivable and accounts payable at year-end were $60,000 and $25,000, respectively. Assume that accounts payable related to operating expenses. (Ignore income taxes.)

Instructions

Compute net cash provided by operating activities using the direct method.

Answers

Alpha Geek
(8)
Status NEW Posted 03 May 2017 10:05 AM My Price 5.00

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Attachments

file 1493806361-1356923_1_636293031930152917_1356923.xlsx preview (240 words )
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