Solved: During the quarter ended 3312015 clarke biscuits inc, Accounting Basics

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During the quarter ended 3312015 clarke biscuits inc

Question - During the quarter ended 3/31/2015, Clarke Biscuits Inc. collected $100 of cash from customers, paid $60 of cash to suppliers, paid $20 of cash to employees and other creditors, and recorded $10 of depreciation expense. There were no other cash flows related to operating activities.

What was Clarke's Cash Flow from Operations during the quarter ended 3/31/2015?

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Accounting Basics: During the quarter ended 3312015 clarke biscuits inc

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