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What the net cash flow from operating activities is

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Reference no: EM132464889

Assume the perpetual inventory method is used.

Point 1) The company purchased $12,700 of merchandise on account under terms 4/10, n/30.

Point 2) The company returned $2,200 of merchandise to the supplier before payment was made.

Point 3) The liability was paid within the discount period.

Point 4) All of the merchandise purchased was sold for $19,400 cash.

Question 1: What The net cash flow from operating activities as a result of the four transactions is:

Reference no: EM132464889

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