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Exercise 4-16A Calculate operating cash flows (LO4-7) Below are cash transactions for Goldman Incorporated, which provides co

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Answer #1

a) Calculate following

Cash flow from operating activities
Cash received from customer 44100
Cash payment for employee salaries -23700
Cash payment for office rent -11700
Cash payment for office utilities -4000
Cash used for purchase office supplies -1750
Net cash flow from operating activities 2950
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