Suppose your company sells goods for $420, of which $260 is received in cash and...

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Accounting

Suppose your company sells goods for $420, of which $260 is received in cash and $160 is on account. The goods cost your company $149 and were paid for in a previous period. Your company also recorded salaries and wages of $130, of which only $42 has been paid in cash. E12-5 (Algo) Part 2, 3 and 4 Calculate the amount that should be reported as net cash flow from operating activities. Calculate the amount that should be reported

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