ACC 291 Wk 5 WileyPLUS Exercise P 13-10A

May 4th, 2015
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ACC 291 Wk 5 WileyPLUS Exercise P 13-10A

Word Count: 164
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P13-10AARMA INC.Statement of Cash FlowsFor the Year Ended December 31, 2011Cash flows from operating activitiesCash receipts from customers$332,980(1)Less cash payments:To suppliers$100,410(2)For income taxes27,280For operating expenses15,310(3)For interest 4,730 147,730Net cash provided by operating activities185,250Cash flows from investing activitiesSale of plant assets1,500Purchase of investments (24,000)Purchase of plant assets (85,000)Net cash used by investingactivit

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