Mary's Music Store reported net Income of $135,000. Beginning balances in Accounts Recervable and Accounts Pavable were $29000 and $26.000, respectively. Ending balances in these accounts were $30,000 and $24,000, respectively. Assuming that all relevant Information has been presented, Mary's net cash flows from operating activities would be Multiple Choice $132.000 $134.000 $136.000 S8000 O O
Mary's Music Store reported net Income of $135,000. Beginning balances in Accounts Recervable and Accounts Pavable were $29000 and $26.000, respectively. Ending balances in these accounts were $30,000 and $24,000, respectively. Assuming that all relevant Information has been presented, Mary's net cash flows from operating activities would be Multiple Choice $132.000 $134.000 $136.000 S8000 O O
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 4DQ
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