Calculate the net fund of the business Raftar Enterprises hadpayments to suppliers of$520 and employees ofThe$150.company'scustomer receipts totaled$720, and it paid $15 ininterest. Calculate thenet fund of the businessfrom operating activities.

Calculation of Total Cash PaymentsTotal Cash Payments = Payment to Suppliers + Payment to Employees…

Answered: Raftar Enterprises had payments to…

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

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Chapter12: S Corporations

Section: Chapter Questions

Problem 16CE

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Raftar Enterprises had payments to suppliers of $520 and employees of The $150. company's customer receipts totaled $720, and it paid $15 in interest. Calculate the net fund of the business from operating activities.