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Compute cash from operating activities

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Reference no: EM132724333

Problem - The following events took place during the year.

a) Sales during the year amounted to $500, and accounts receivable decreased by $30.

b) Wage expense for the year amounted to $300 and wages payable decreased by $50.

Required - Compute cash from operating activities under the direct and indirect methods.

Reference no: EM132724333

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