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Determine amount of cash inflow from operating activities

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Question - River Co- began the accounting period with a $78,500 debit balance in its Accounts Receivable account. During the accounting period, River Co. earned revenue on account of $348,000. The ending Accounts Receivable balance was $54,700.

Required - Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period.

Reference no: EM133168744

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