Business
Business, 06.08.2019 20:20, wilkinsonei4069

The cash flows from operating activities are reported by the direct method on the statement of cash flows. determine the following: a. if sales for the current year were $375,000 and accounts receivable increased by $29,000 during the year, what was the amount of cash received from customers? $ b. if income tax for the current year was $39,000 and income tax payable decreased by $21,000 during the year, what was the amount of cash payments for income tax? $

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