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Question
accounts receivable arising from sales to customers amounted to $80,000 and $70,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $220,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
a.$220,000
b.$210,000
c.$230,000
d.$300,000
Answer
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