Business, 14.01.2022 19:30, adeleinflores9402
Suppose Valley Technology has the following results related to cash flows for 2020:
Net Income of $7,100,000
Decrease in Accounts Payable of $200,000
Decrease in Accounts Receivable of $600,000
Increase in Inventory of $500,000
Required:
a. Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands.
b. What is the Net Cash Flow from Operating Activities?
Answers: 1
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Suppose Valley Technology has the following results related to cash flows for 2020:
Net Income of...
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