Grau Company reported sales revenue of $100,000 and total expenses of $90,000 (including depreciation) for the year ended December 31, 2013. During 2013, accounts receivable decreased by $4,000, merchandise inventory increased by $3,000, accounts payable increased by $2,000, and depreciation expense of $7,000 was recorded. The net cash inflow from operating activities for 2013 was: A) $18,000 how do you get this answer?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Grau Company reported sales revenue of $100,000 and total expenses of $90,000 (including depreciation) for the year ended December 31, 2013. During 2013, accounts receivable decreased by $4,000, merchandise inventory increased by $3,000, accounts payable increased by $2,000, and depreciation expense of $7,000 was recorded. The net cash inflow from operating activities for 2013 was:

A) $18,000 how do you get this answer?

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