Calculate net cash flow for the business for this period

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1. A house painting business had revenues of $16,500 in expenses of $9500 last summer there were no depreciation expenses. However, the business reported the following changes in working capital. Calculate net cash flow for the business for this period.

2. How does a deterioration in balance sheets of financial institutions and the simultaneous failures of these institutions cause a decline in economic activity?

Reference no: EM132016380

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