A house painting business had revenues of $16,600 and expenses of $9,600 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:Accounts receivable $ 1,800 $ 5,100Accounts payable 820 360Calculate net cash flow for the business for this period.
A house painting business had revenues of $16,600 and expenses of $9,600 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:
Accounts receivable $ 1,800 $ 5,100
Accounts payable 820 360
Calculate net cash flow for the business for this period.
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