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Robinson company reported a net loss of 23000 during the

Question - Robinson Company reported a net loss of $23,000 during the year. comparing beginning and ending balances, you determine the following: (1) accounts receivable increased by $8,000; and (2) accrued expenses payable increased by $5,000. What was the amount of cash used in operating activities during the year?

a. $26,000

b. $36,000

c. $20,000

d. $10,000

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Accounting Basics: Robinson company reported a net loss of 23000 during the

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Accounting Basics: Robinson company reported a net loss of 23000 during the

Reference No:- TGS02580487

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