The Hamada Company sales for 2018 totaled $162,000 and purchases totaled $88,000. Selected January 1,...
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Accounting
The Hamada Company sales for 2018 totaled $162,000 and purchases totaled $88,000. Selected January 1, 2018, balances were: accounts receivable, $19,200; inventory, $15,300; and accounts payable, $11,000. December 31, 2018, balances were: accounts receivable, $15,900; inventory, $18,100; and accounts payable, $13,800. Net cash flows from these activities were:
Multiple Choice
$80,100.
$93,200.
$74,000.
$77,300.
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